Hellena | Oil (4H): Long to resistance 84.86

Long

WTI Rohöl CFD's (TVC:USOIL)

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dear colleagues, I assume that wave 4 is coming to an end. This means that we are waiting for wave 5, which can reach at least the resistance level of 84.86

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

Kommentar:

Dear colleagues, last week the price showed a great start! In the coming week I am also considering only long positions.

Kommentar:

is a high probability that the price will go down and update the low, and then go up to my targets. It may make sense to close long positions and wait for a new entry into a long position.

Kommentar:

As a result, the price followed the old scenario and almost reached the target of 84.80. This means that after reaching the target, only long positions should be considered!

Kommentar:

Well done!