Hellena | EUR/USD (4H): Short to support area 1.04000.

Atualizado
Colleagues, in the coming week I predict a continuation of the downward movement, because wave “C” is not yet completed.
I believe that the price will reach the support area of 1.04000, because it is a strong psychological level.
Now we should be very careful, because after the completion of wave “C” I expect the beginning of the upward movement.

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The price has reached the level of 1.06000. This means that from now on I am considering only short positions.
Wave 4 should end somewhere in this area.
Nota
I still believe that wave “4” is almost or already over and consider only short positions.
Nota
Colleagues, the price has shown a bullish sentiment over the past 24 hours.
The price went down to the level of 1.05085, but did not renew the local low of 1.04952.
A sure sign that the downward movement will continue will be the update of 1.04952.
Nota
The 1.04952 level has been broken and now I believe the 1.04000 target will be reached.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
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