Hellena | Oil (4H): LONG to resistance area 62.545.WTI Cash (or Spot) ContractPEPPERSTONE:SPOTCRUDEHellena_TradeColleagues, after a strong upward movement, I decided to observe the price and understand what is happening. Now I believe that this movement resembles the beginning of an “ABC” correction, which means that the higher-order wave “A” ended at 54.956. This means that we can expect the upward movement to continue at least to the resistance area of 62.545. A correction to the support area of 58.890 is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!