WTI Cash (or Spot) Contract
Long
Updated

Hellena | Oil (4H): LONG to max wave "1" (102.000).

3 198
Colleagues, the price is moving according to the original plan, and at this point I expect that correction wave “2” has completed its run and that we will soon see the uptrend resume toward the 102 resistance zone.
This will be the movement in wave “3”.
We need to be quite cautious after breaking through the 102 level, because the next strong level is 119, but wave “5” may be truncated and fail to reach that peak.

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Trade active
The price has reached about halfway to its target. I believe the trend will continue.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
Trade closed: target reached
Well done!

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