Hellena | Oil (4H): Long to resistance area 94.93 (Wave 3).

Dear colleagues, the price is completing wave 2 of low order, so I assume that wave 3 will update the maximum and the nearest target is the resistance area 94.93.

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Yorum:

I assume that wave 5 has already been completed and now the price is in correction. This means that the price may go lower, but in any case I consider only long positions. The entry area is quite wide.