Colleagues, I've redrawn the waves a bit, because it looks like the correction should be over.
I believe that the upward movement will resume soon.
I expect two variants of events:
1) the price will reach the support area 3162, form wave “4” and after that we will see an upward movement - this is a variant of entering a position with pending limit orders.
2) Price has already formed wave “4” and then we will see only upward movement. This is a variant of market entry.
In both cases I expect the price to come to the target in the resistance area of 3400. This is a pretty strong level from which there could be a strong correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
I believe that the upward movement will resume soon.
I expect two variants of events:
1) the price will reach the support area 3162, form wave “4” and after that we will see an upward movement - this is a variant of entering a position with pending limit orders.
2) Price has already formed wave “4” and then we will see only upward movement. This is a variant of market entry.
In both cases I expect the price to come to the target in the resistance area of 3400. This is a pretty strong level from which there could be a strong correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 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.
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 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.