Light Crude Oil Forecast Summary

Light Crude Oil Forecast Summary
Publication Date: 11th June
Initial Price: $65.50
Forecast: 5 Trade Levels
Final Distribution Target: $77.51
Actual High: $77.60

The forecast precisely identified the upward trajectory of light crude oil from $65.50 to the distribution level at $77.51, which was marginally exceeded with a high of $77.60. While five intermediate trade levels were projected, the price advanced directly to the final target without pausing - likely driven by heightened geopolitical tensions and negative news flow from the Middle East. This rapid movement underscores the model’s strength in forecasting price destination with high accuracy, even when market momentum is influenced by external catalysts.

📌 Notes:

Model built entirely manually on-chart, without scripts or indicators.
Forecast is live, with key levels defined in advance and timestamped.
Structure is being tracked in real-time to confirm each phase with full accuracy.