Hellena | Oil (4H): SHORT to support area 65.268.

4月2日

We need to talk about one important nuance. Many people ask “Hellena, you say you can't buy oil, but it's going up. Well, it is, yes. But all my data and wave markings suggest that the price will soon start a downward movement. There are major changes in geopolitics and I am not in a position to stop them. I just set a stoploss and wait for the trade that will bring me profit.

Now coming to the forecast, I think that the downward movement will start soon, but before it, the price may rise quite high, maybe even to the area of 74.000.
But the main direction is the support area of 65.268.
There are 2 possible ways to enter the trade:
1) Entry at market price.
2) Limit pending sell orders if the price starts an upward movement to the area of 74.484.

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

4月4日

交易進行

Colleagues, the price is moving towards the target and I believe that the level of 65.268 will be reached soon.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).