Hellena | Oil (4H): SHORT to the 70.00 support area.

3 Feb

Colleagues, the situation is quite complicated, so I assume that the price is in a combined correction. At the moment I expect the completion of wave “B” in the 77.00 area, then the completion of wave “C” in the 70.00 support area.
Complex compound corrections are always quite unpredictable, so I recommend not to forget about SL and lot calculation.

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

4 Feb

Trade aktif

The price broke the level of 72.990 and it means that I expect the downward movement to continue, although the correction to the area of 75.00 is quite possible.

5 Feb

Catatan

The price was reaching the level of 71.56 and this is almost the target level I am predicting. But at the moment we will have another opportunity to enter a short position after the correction.

6 Feb

Catatan

Price is approaching the target, so I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
A slight correction is still possible, so it will be possible to go short.

10 Feb

Catatan

Colleagues, I believe that this week the downward movement will be completed and the target will be finally reached. We may see a small correction.

12 Feb

Catatan

Colleagues, now is a great opportunity to catch the downward movement! I think that from this area of 74.00 the price will continue the downward movement and this is a great opportunity to make money.

13 Feb

Trading ditutup: target tercapai

Well done! I believe that all deals can be closed.