Positional Upmove if 105 holds support:
If crude supported by 105, upside targets are: 107.5-107.3, 108-108.3, 108.5-108.7, 109-109.3, 109.5-109.7, 110.3-110.6, 112-112.3, 112.5-112.7, 113.7-113.9.
Up Move:
If 105.3/105 holds support we will see 106.1-106.2-106.4-106.5-106.7-106.8-106.9+++.
Down Move:
If down move continues, we will see 105-104.7-104.5-104.2-103.9-103.6-103.3. Crude needs to break 105 for this down move.
As per my view is I expect Up move.
If crude supported by 105, upside targets are: 107.5-107.3, 108-108.3, 108.5-108.7, 109-109.3, 109.5-109.7, 110.3-110.6, 112-112.3, 112.5-112.7, 113.7-113.9.
Up Move:
If 105.3/105 holds support we will see 106.1-106.2-106.4-106.5-106.7-106.8-106.9+++.
Down Move:
If down move continues, we will see 105-104.7-104.5-104.2-103.9-103.6-103.3. Crude needs to break 105 for this down move.
As per my view is I expect Up move.
