Hellena | Oil (4H): Long to resistance area 79.77.

2023年11月21日

Dear Colleagues, as I expected the price continued wave 1. At the moment I believe that the price has started wave 2. I expect wave 2 to end in the area of 50% Fibonacci level from the first wave 75.27. After that I assume the price growth at least to the resistance area 79.77.
Of course, it is possible that wave 1 is still not over. In this case, the price will immediately reach the resistance area.

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2023年11月22日

コメント

Despite the fact that price is walking flat, I believe this will lead to a strong move this week. I expect a correction to the area of 76, then I expect the price at the target of 79.77.