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Hellena | Oil (4H): Short to support area 72.631 (Wave 5).
Atualizado
Dear Colleagues, as in the last forecast I assume that the price was moving in wave “4” and is currently completing this wave.
I expect the wave to start downward movement and reach the support area (minimum of wave “3”) at 72.631. Because this movement will be the development of wave “5” in the ending diagonal.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
I expect the wave to start downward movement and reach the support area (minimum of wave “3”) at 72.631. Because this movement will be the development of wave “5” in the ending diagonal.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Nota
Colleagues, the price has reached the resistance area of 79.190, and I expect a continuation of the downward movement to the target!Nota
Colleagues, the price has already pushed away from the resistance area of 79.190 twice.I believe that in the coming week the downward movement to the targets will finally begin.
Nota
Dear colleagues, I am still hoping for a downward movement, it's just that I have revised the wave formation because the price has gone quite high. At the moment, I believe that the price is now completing the movement in the senior wave "2". After reaching the resistance area of 84.00 - 85.00, I expect the beginning of the big wave "3"!
Therefore, I suggest to take what happened as an opportunity to enter a short position in the most profitable way!
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