Hellena | Oil (4H): Long to resistance area 79.37(Wave C again).

Dear colleagues, the price has confidently reached the previous target of 79.37. Now the price is in correction and I suppose that the price will test this area again. It may even retest the high of 79.30. After that, most likely, I will consider a downward movement, but more on that later.

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

Kommentar:

Dear colleagues, the price has successfully tested the support area of 75.95 and started an upward movement, but I HIGHLY RECOMMEND to move trades to breakeven. Because I suppose that the situation is very unstable.