Hellena | Oil (4H): Long to resistance area 80.432.

19 thg 8

Dear Colleagues, the price is in a corrective movement and at the moment I believe that wave “b” is coming to an end. The wave completion range is 100%-161.8% Fibonacci extension levels (73.591-75.000). Next, I expect price to rise to the nearest high of 80.432. This is the resistance area.

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

20 thg 8

Giao dịch đang hoạt động

Colleagues, the price is in the area of strong support 100%-161.8% Fibonacci extension levels (73.591-75.000).
All my thoughts are only on long positions. Perhaps the price will update the highs a little more, but in general I think that the upward movement will start soon.

23 thg 8

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Dear Colleagues, the price shows the bulls' desire to push the price up, but wave “b” turned out to be a bit longer than I thought, so it is possible that wave “2” has already taken place earlier and now the price is going in wave “3”. So I will expect a correction to the area of 76. Then I should set trades to breakeven, because there is a high probability that the price will continue the downward movement.

26 thg 8

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Dear colleagues! Attention!
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
As I wrote earlier - perhaps wave “2” took place earlier and now we can observe wave “3”. If the price will update the level of 72.631, I am sure that this is a continuation of wave “3”.

28 thg 8

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Colleagues, despite the strong movement towards the initial target, I strongly recommend to either close some positions or set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

2 thg 9

Giao dịch đang hoạt động

Dear colleagues, I believe that the price will rise at least to the area of the nearest maximum of 78.5. At this level I plan to take profit. Then we will observe the price movement and make new decisions.