Hello,
I am an analyst and I would like to share my analysis here , helping out if I can.
From July 2nd to July 3rd
Hello, Open at 46.2.
I expect 46.6 to 47 to be reached around Monday 3rd noon time.
A move down below the 46 area would probably change this forecast, but I expect price to go straight up off the open.
From July 2nd to July 12th +-
Let's expect crude to reach 49.50 or so.
A move below 45 would change things, however I don't expect it.
So that would be a 100tick SL to 300 tick TG from the open at 46.2.
However It is not recommendable, better take several longs along the way if they happen with few-tick stop losses as we never know.
Please see pictures attached.
I am an analyst and I would like to share my analysis here , helping out if I can.
From July 2nd to July 3rd
Hello, Open at 46.2.
I expect 46.6 to 47 to be reached around Monday 3rd noon time.
A move down below the 46 area would probably change this forecast, but I expect price to go straight up off the open.
From July 2nd to July 12th +-
Let's expect crude to reach 49.50 or so.
A move below 45 would change things, however I don't expect it.
So that would be a 100tick SL to 300 tick TG from the open at 46.2.
However It is not recommendable, better take several longs along the way if they happen with few-tick stop losses as we never know.
Please see pictures attached.