Hellena | Oil (4H): Long to resistance area of 78.91.
Dear colleagues, in the last forecast I recommended to set trades to breakeven or close part of positions. After that, the price started a downward movement and is currently at 76.54. I suppose that the price will still resume the upward movement to the nearest maximum of 78.91.
Before this movement it is possible to update the minimum and test the support area at 75.41.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Before this movement it is possible to update the minimum and test the support area at 75.41.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment:
Dear Colleagues, the price has gone most of the way to the target and is now at 77.56. The movement was quite strong, so I assume that a correction is possible, after which I expect the upward movement to resume.
Trade closed: target reached:
Well done!
