Based on 1H Chart
Positionally, I expect crude to move up. Crude almost done 61.8%(100.88) retracement.
Next retracement levels are: 100.45, 100.06 99(100%).
Reversal from any of these levels, I expect big up move.
My upside targets are: 103.8, 105, 105.7, 106.8.
First I would like to see 102, 102.5, 103.3. Break of these levels necessary for crude's up move.
Supports: 101.85, 99.
Resistances: 102, 102.5, 103.3, 103.9.
Let us wait n see, how market moves.
Positional Strict SL 98.95. Below 98.95 big fall expected.
TGT: 102, 102.5, 103.3, 103.8, 105, 105.7, 106.8.
Waiting for a good entry, and reversal confirmation.
Positionally, I expect crude to move up. Crude almost done 61.8%(100.88) retracement.
Next retracement levels are: 100.45, 100.06 99(100%).
Reversal from any of these levels, I expect big up move.
My upside targets are: 103.8, 105, 105.7, 106.8.
First I would like to see 102, 102.5, 103.3. Break of these levels necessary for crude's up move.
Supports: 101.85, 99.
Resistances: 102, 102.5, 103.3, 103.9.
Let us wait n see, how market moves.
Positional Strict SL 98.95. Below 98.95 big fall expected.
TGT: 102, 102.5, 103.3, 103.8, 105, 105.7, 106.8.
Waiting for a good entry, and reversal confirmation.
