CL Targets - Next Week 67.80 / June 73.22 / July 77-78
Although the shadow has gone wider than previously thought (S&R), I'm convinced next week CL1! begins the next impulse wave (3rd). For the week I'm targeting 67.80$ towards 0.382 fib retracement, for the whole month 73.22$ toward 0.618 fib extension, and in July ending the third impulse at the 77$-78$ range (both 1 fib extension from the first impulse wave and the 0.618 fib retracement from the 2014 highs).
Trade closed: stop reached
Major fail. Broke support. Need to reassess.Trade active
Monthly targets back in play.Note
June Target Reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.