Colleagues, I believe that the upward five-wave impulse is not over yet. At the moment, I see the formation of wave “3” of the lower order and wave “3” of the middle order, which means that the upward movement will continue at least to the resistance area of 1.17300. This area is located between two levels (1.16529-1.18252) of Fibonacci extension.
A correction is possible — be careful.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
A correction is possible — be careful.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Trade active
The price has reached the support area of 1.15030, and at the moment, I believe that wave “3” will continue to develop, and I am starting to look at long positions. A small correction is still possible, but overall, I am expecting an upward movement.Note
The price rebounded from the support area and is currently on its way to the target. I believe that a small correction is possible, after which I would like to see an update of the 1.16320 level. After that, I would recommend setting trades to breakeven.Trade closed: target reached
Well done!
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✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.