Hellena | Oil (4H): Long to resistance area 81.85.

Dear Colleagues, price has strongly updated the low, completing wave 2. I suppose that the price can still make a small correction, but I put the target in the same place as last time - resistance area 81.85.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Note

Dear colleagues, perhaps the price will not test the support area 77.89 and will continue the upward movement, but I recommend to consider only long positions. The price is showing strong upward sentiment and is moving in line with the forecast.

Note

Dear colleagues, the price is testing the support area at 77.89 and I assume that the price may correct to 77.00. This does not mean that the forecast is canceled, I still assume price growth, but maybe wave 2 will be a little longer.

Note

As I suspected, the price has updated the low, but my forecast is still valid. I still believe that the price will start its movement to the target 81.85.

Trade closed: target reached

Well done!
Dear colleagues, I am closing a long position with a good profit.

Hellena_Trade

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Hellena | Oil (4H): Long to 100% Fibo lvl 81.85.

by Hellena_Trade

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Hellena_Trade

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