Hellena | EUR/USD (4H): Short to Support area 1.02539.

20 de dez. de 2024

Dear Colleagues, due to the recent sharp price movement, I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order.
I expect that the price should update the nearest local minimum of the wave “3” 1.03350.
I expect the price to reach at least the area of 1.02539.

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

23 de dez. de 2024

Trade ativo

I think the resistance area has been reached and it is worth looking at short positions. Wave “4” should complete its movement, I expect wave “5”.

26 de dez. de 2024

Nota

Dear Colleagues, the price reached the resistance area earlier and at the moment continues to decline. I think that wave “4” is formed and we see the formation of wave “5” of lower and higher order.

27 de dez. de 2024

Nota

Friends, if to mark the waves more accurately, I see here the beginning of the descending wave “3” lower wave.
Therefore, I think that the downward movement will continue and at the end of the trading week we will see an update of the level 1.03835.

30 de dez. de 2024

Nota

Colleagues, the euro plan has not changed. As before, I expect the beginning of the downward movement with the aim to complete wave “5” and reach the area of 1.02539.

30 de dez. de 2024

Nota

Friends, this week I think price will start a downward movement. The area of 1.04181 has been reached 2 times and someone can interpret this event as a double top pattern.
In principle, I don't mind because it doesn't contradict my plan.
The most important thing is to update the level of 1.03450.

2 de jan.

Nota

Colleagues, the price has pushed away from the 1.04181 area and started a downward movement. At the moment I believe that the price needs to overcome the level of 1.03427 to reach the target. I believe that this will happen after a small correction.

3 de jan.

Trade fechado: objetivo atingido

Well done!