Hellena | Oil (4H): SHORT to support area 62.295.
Colleagues, earlier I described the upward movement as a full-fledged ABC correction, and the price justified expectations and completed the planned upward movement, but at the moment I think it is worth considering that wave A has been extended.
This fits well with both the old and new scenarios.
I expect wave “B” to begin its movement soon.
I will not set distant goals and will wait for the price to reach the first support area — the maximum of wave “3” of the middle order at 62.295.
I admit the possibility of updating the maximum of wave “A” approximately in the resistance area of 65.199.
In general, if correction “B” continues too far down, I will return to the old scenario.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!