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CFDs on WTI Crude Oil
Long

Hellena | Oil (4H): Long to resistance 84.86

By Hellena_Trade
Updated
dear colleagues, I assume that wave 4 is coming to an end. This means that we are waiting for wave 5, which can reach at least the resistance level of 84.86

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Comment
Dear colleagues, last week the price showed a great start! In the coming week I am also considering only long positions.
Comment
snapshot
is a high probability that the price will go down and update the low, and then go up to my targets. It may make sense to close long positions and wait for a new entry into a long position.
Comment
As a result, the price followed the old scenario and almost reached the target of 84.80. This means that after reaching the target, only long positions should be considered!
Comment
Well done!
snapshot
Trade closed: target reached
Chart PatternselliotwaveanalysisForexforexsignalshellenahellenatradeOilsignalserviceTrend AnalysisWave AnalysiswavecountWTI
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