Hellena | Oil (4H): Short to 50% Fibo level 75.49.

14 feb 2024

Dear colleagues, the price resumed the impulsive upward movement. I assume that this movement is wave 1 and it will end soon. Perhaps we will see the beginning of wave 2 today from current levels, but a more conservative and favorable entry will be from the resistance area at 79.37.
In any case, I expect the price in the area of 50% Fibonacci level 75.49.

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

15 feb 2024

Nota

At the moment the price has almost reached the target of 75.49. I expect the target to be reached today. I strongly recommend to close some positions or set trades to breakeven.

15 feb 2024

Trade chiuso: obiettivo raggiunto

Well done!