Hellena | Oil (4H): SHORT to support area of 54.00.

Friends, what do we see after the recent downward movement? Most likely we see a continuation of the downward movement in a combined correction.
The hardest thing about compound corrections is to understand where the wave ends and begins.
I believe that the price is now in the middle wave “C” and will continue the downward movement to the target of 53.991.
Wave “B” is likely to reach the 60.00 area, but I do not recommend long positions. Work with pending limit orders.

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

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Colleagues, the price has reached the 60.00 area and I am starting to look at short positions. We need to be careful, if we look at the geopolitical situation, the price may reach the level of 62.00.
But I recommend to work with pending limit orders and do not advise long positions.

Hellena_Trade

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Hellena | Oil (4H): SHORT to support area of 55.204.

by Hellena_Trade

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Hellena_Trade

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