Hellena | EUR/USD (4H): Long to resistance area of 1.10079.
Updated
Dear Colleagues, after such a strong news background, I believe that the price will not go for a strong decline. In addition, I see wave "3", which has not yet completed its impulse.
Therefore, I assume that the price will continue the upward movement and the minimum target for today resistance area 1.10079. It is quite possible that the price will gain strength and reach 1.08949 (50% Fibonacci level) first.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Therefore, I assume that the price will continue the upward movement and the minimum target for today resistance area 1.10079. It is quite possible that the price will gain strength and reach 1.08949 (50% Fibonacci level) first.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment
I believe that the price will still reach the support area at 1.08949 and then start an upward movement.
In any case, the five-wave movement should be completed, which means that the maximum of 1.10079 is likely to be reached.
Comment
Wave "3" has not shown any development yet, but there is a suspicion that the level of 1.08954 will still be reached.
After that I expect the upward movement to continue.
Comment
Colleagues, the price bounced from the support area at 1.08949 and now I am hoping for the price to resume the upward movement towards the target. Trade active
Colleagues, price is consolidating in the support area, so I expect there should be a strong impulse this week. I hope the impulse will be towards the target of 1.10079. I expect a resumption of the move today or tomorrow. Trade closed: target reached
Dear colleagues, the goal has been reached!
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