Hellena | SPX500 (4H): LONG to resistance area of 6140.
Dear Colleagues, price has gone lower than I thought it would and now we need to redraw the waves. Apparently, the price has updated the minimum of wave “2”. Therefore, I believe that the price will soon continue the upward movement in wave “3” anyway.
The “ABC” correction seems to be completed and the 5915 area served as support for the second time.
I expect the price to touch this area once again and then continue to the resistance area of 6140.
Or it will immediately start moving towards this area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The “ABC” correction seems to be completed and the 5915 area served as support for the second time.
I expect the price to touch this area once again and then continue to the resistance area of 6140.
Or it will immediately start moving towards this area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Note
The price is in a small range from which it has not been able to get out so far. I believe that if the price breaks through the level of 6013, the upward movement will continue. Trade active
Colleagues, the price is updating the lows of wave “2” (5916), and perhaps the price will update the low a little more, but in general I advise to look at long positions, because as before I expect the beginning of the upward movement in wave “3”.Note
Dear Colleagues, I believe that the price has completed wave “2”, reaching the level of 5839.2 and is now developing wave “3”.
I believe that the movement has just started to develop, so I am looking out for long positions.
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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.
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
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.