Exciting situation...!

This scenario would be possible under the condition:
a) for this week - there is no closing price below 55.70
b) there will be no closing price below 54.80 next week.

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Assuming the main idea works, then here I have the red path integrated, because: both - the black a and the black c can also run a little higher.

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55.51 would be ok...
only if it is exaggerated, then possibly the lower pink dashed line at 54.77 comes into question, which I do not see yet but also not completely exclude.
next week he should run in the yellow circle, so at least until 58.99 and it would be possible that he then reaches the pink dashed line and not this week.

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now I am long at 55.51, if he falls a little lower, then a second long...

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after 6pm look at M30 if yellow circle up and down - the same procedure? !!
the blue circles are the first TP.

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this and the next M30 up ... note 55.49

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WTI is currently a boring, lame duck.
Nevertheless I still lack an LL ... quite a few pips deeper.
55.49 should be reached... but after that...

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So, reaching 55.49 and now this move down only applies if M30 does not close above 55.49 and stays above it.

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You see the black candle ... because of it there should be a HH in the next M30.
If you want you can put TEMA 21 (Triple EMA) in the chart and see how H1 should touch this Tema 21.

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as long as no M30 closes below 54.96, all good.
now SL at BE ... no risk ... next 55.82

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If there is a serious war between the US and Iran, then that would be possible ... see my post from June 29th

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my comment was:
Jun 29
Comment: For example, in the explosive case, I could imagine such a scenario.

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just in case ... I will take partial profits .... re-evaluate tomorrow ... must still see where he closes today.
until then ... good night

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as yesterday, even today after 6pm another LL but under 55.03 should not go.

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now ST at 54.6
added 1 long at 55.03... after 6pm a bit deeper one more long.
either - or ... if I fly out, the profit of yesterday and today outweighs the small loss a lot, so I'll try it ...

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H1 = cloud = red = resistance
must go back >>>> possible 55.18
At Jul 17 I wrote:
"This scenario would be possible under the condition:
a) for this week - there is no closing price below 55.70
b) there will be no closing price below 54.80 next week."

Condition a) could easily be fulfilled...
I took my profit at the red box above. Did not want to let anything in for the weekend. The world situation ...!?!

@ All
Nice weekend

nice weekend

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As I wrote last Friday, I'm waiting for 55.18 for long.

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I still miss 55.18.
Ff not today, then maybe after midnight.

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Ff = If

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Note:
Because I've already reached 55.18 on my MT4 chart, it may be that he has fulfilled the expectation.
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