🔥 Crude Oil: raising market maker targets 19-23 April.
⭐️ The price of black gold rose significantly during the first working day of the current week, with the upper bound of the marketmaker's profit zone increasing from 64.50 to 64.80.
In this vein, upside targets for the first half of the trading week are worth adjusting.
The nearest resistance price range is 64.35-64.80, where the current market maker loss level is located.
During the second half of the trading week, if the mentioned upside targets are reached, we expect formation of a sell pattern and a target decline with the nearest target,- balance of the day.
If the price reaches the support, the current balance of the week (62.00) will be the guiding target for the further decline.
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In this vein, upside targets for the first half of the trading week are worth adjusting.
The nearest resistance price range is 64.35-64.80, where the current market maker loss level is located.
During the second half of the trading week, if the mentioned upside targets are reached, we expect formation of a sell pattern and a target decline with the nearest target,- balance of the day.
If the price reaches the support, the current balance of the week (62.00) will be the guiding target for the further decline.
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