Condition for this option is only one: in October no closing price under 55 $. On the other hand, if we see break and close below 55, then next targets would be down 45.5 & 33.86.
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I add the other 3 charts: 1st Chart - July 24th - The upper target @ 63.48 was completed last week. How things continue depends above all on the political situation with Iran. 2nd Chart - 5th of June and 3rd Chart - 18th of July.
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As an update, under the second chart, we find this idea, which I considered in the case of an escalation with Iran, with the comment on June 29: "For example, in the explosive case, I could imagine such a scenario.."
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That was an announcement: SUPER-Trade with over 1000 P profit :-)
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After midnight I look if long is ok ... with tight SL the blue circles are TP = the green boxes = profit
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Next H3 candle (after 3pm) I go long.
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54.75 was achieved ... long activated!
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i have done part sale and taken +100 P.
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TP = BLUE CIRCLE
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TP reached
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Tomorrow could be a bit more bullish. I do not like this situation at the moment, but I think the high of October should be higher than the high of the September. The thick blue dashed lines would be TP for temporary strength.
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the 3 days in the blue circle could / should be repeated ... be careful with long ... Confirmation would be break and close under 54.26. Long on Friday might be so far.