Hellena | USDCAD (4H): Long to 38.2% - 50% Fibo levels 1.36646.Dear Colleagues, I assume that the price will make a correction of wave 2 to the area of 38.2% - 50% Fibonacci levels 1.36646. In general, I assume that the price will fall after the correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Elliottwaveforecasts
Hellena | GOLD (4H): Short to 38.2%-50% Fibonacci lvl 1840.Dear colleagues, I assume that the price will make a small correction to the 38.2%-50% Fibonacci level area of 1840. Once the target is reached, I will scrutinize the situation. It is quite possible that after that the price will renew the high of 1865. 1865 is the level of zeroing and in this case we will have to redraw the waves.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Coca-Cola: Opportunity of a Lifetime?A quick word on what is going on with Coca-Cola.
It seems like we are seeing the largest correction from the Covid lows in March 2020.
Looking for another leg lower into wave (C) before we could expect some upside.
As always feel free to as questions and leave a like if you enjoy the content!
Trade safe!
Hellena | Oil (4H): Long to resistance area 87.89.Dear Colleagues, The price continued downward further than I thought it would. I believe that wave C may reach the support area of 81.94, then I expect the price to rise. The nearest target is the resistance area at 87.89.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | USDCAD (4H): Short to support area at 1.36293.Dear Colleagues, I assume that the price has completed wave 3 and is starting the correction in wave 4. The nearest target is the support area at 1.36293. The price may update the maximum, then the target will not change.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OIL: where are you going to?This is my preferred count for OIL as the most recent downmove was so violent that it seems to be the beginning of a new trend.
Looking for continuation lower into a three wave move to compose higher degree wave Y.
As always questions and comments are more than welcome,
if you enjoy the content please leave a like and as always,
Trade Safe!
Hellena | GOLD (4H): Long to 38.2%-50% Fibonacci levels 1840.Dear colleagues, I analyzed gold for a long time and realized that the price has updated wave 3. This means that I am waiting for a correction of wave 4, after which I assume that there will be an update of the low of wave 3.
At the moment I expect correction of wave 4 with the aim to reach the area of 38.2%-50% Fibonacci levels 1840.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | DJI (4H): Long to sresistance area 33587.Dear colleagues, the price continued its downward movement. This means that wave 4 is stretching further than I thought. At the moment I assume that the price may reach the support area 32613.28. Then I expect growth and the beginning of the formation of wave 5. The nearest target is the resistance area 33587.94.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Long to resistance area 1.06130.at the moment the price is completing wave 5. It is possible to update the low, so I am marking a wide area for a set of long positions. The nearest target is the resistance area at 1.06130.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): Long to resistance area at 1.22656. Dear Colleagues, at the moment the price is completing wave 5. It is possible to update the low, so I am marking a wide area for a set of long positions. The nearest target is the resistance area at 1.22656.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GBPUSD Intraday: Anticipating a bullish reboundThis is a brief intraday analysis of GBPUSD. Following a recent downward trend, I anticipate a corrective movement in three waves to the upside. It appears that the first phase of this correction has either occurred or is close to completion.
From a Wyckoff perspective, a trading range has been identified within this correction, along with a spring action. I anticipate a bullish rally in the market, aiming to reach yesterday's high at 1.21764 before the drop.
Hellena | Oil (4H): Long to resistance area 92.57.Dear Colleagues, the price is in the area of long positions set. Renewal of the minimum is possible. Be careful! The nearest target is the resistance area, the maximum of wave 3 - 92.57.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
TNote (US10Y) entering target area, expecting a pullbackThe TNote (US 10 year yield) has entered its target area for this up movement from the bottom.
Resistance area is between 4.65% to 5%.
We are expecting a pullback below 4% for the next months.
Then the uptrend should resume towards 7%, possibly higher.
A break above 5% would invalidate this view.
Hellena | Oil (4H): Short to 50% Fibo lvl (91.50).Dear Colleagues, I believe that wave 5 is not completed yet, but the price should make a correction to continue. Perhaps the price will reach the area of 50% Fibonacci level 91.50, after which I will consider long positions again.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Long to resistance area of 1.06340.Dear Colleagues, I think that price is completing wave 5. From here I consider only long positions with the aim to reach at least the resistance area of 1.06340.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): Long to 38.2%-50% Fibo lvl`s (1.22774).Dear Colleagues, the price has gone further than I thought it would. This means that wave 3 has stretched quite a bit. I expect a correction to the area of 38.2%-50% Fibonacci levels at 1.22774. After that it is possible that wave 5 will update the low. Watch for an update of the idea!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): Long to resistance area of 1914. Dear colleagues, I assume that the price is completing wave 2, so I consider only long positions with the aim to reach at least the resistance area of 1914. The price can update the minimum, but not further than 1884, otherwise the structure of wave 2 is broken.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The price of USOIL may potentially decline further. short?-We may see a fall towards fibo 1 or even lower.
- More confirmation below the apex of triangle.
guidelines of flat.
Wave B usually retraces between 100 and 138 percent of wave A.
Wave C is usually between 100 and 165 percent as long as wave A.
Wave C usually ends beyond the end of wave A.
Hellena | USD/JPY (4H): Long to 100% extension Fibo 149.300.Dear colleagues, I assume that the price will continue the upward movement. Wave 3 will rise to at least 100% of the Fibonacci extension level of 149.300.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!