Hellena_Trade

Hellena_Trade Updated 

The price is still in a downtrend and I believe that before the price starts an upward movement it needs to complete a big “ABC” correction and a small five-wave formation. I think the price will reach the level of 67,037. This level is quite important, because in its area we need to look carefully for reversal patterns. Manage your capital correctly and...

Hellena_Trade Updated 

Dear colleagues, I decided that I will make a new forecast, as the previous forecast was put to breakeven and the price updated the low of 1.04016. At the moment I have redrawn the waves a bit and I still believe that the upward movement will continue, as the five-wave impulse is not over. I believe that the price may slightly update the minimum of wave “4”,...

Hellena_Trade Updated 

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...

Hellena_Trade Updated 

Dear colleagues, I believe that the price will still continue the upward movement and there are a couple of reasons for that. First, the price has not completed the five-wave movement. Secondly, 3000 is a psychological level, which is not far away and I believe that it will be reached. Therefore, I assume a small correction, but then I expect an upward movement...

Hellena_Trade Updated 

Colleagues, price has worked the downward movement perfectly, but I believe the downward movement is not over yet. Wave “C” is a five-wave wave and now the price is in the correction of wave “4”. I expect the price to reach the downtrend line in the area of 72.00 level, then I expect the price to decline to the area of 68.926. Manage your capital correctly and...

Hellena_Trade Updated 

Colleagues, I believe that the upward movement is not over yet and the lower and middle order wave “3” is not yet complete. This is a good chance to go long, but it should be remembered that even though a correction to the uptrend line is possible, I do not recommend selling. The target area is the 6214.4 level area - this is slightly higher than the 100%...

Hellena_Trade Updated 

Colleagues, if you look at this upward movement, what can you say? Of course the lower order wave “3” continued and updated its top. This means that we can expect 2 variants of events: 1) Price will continue the development of wave “3”. 2) Wave “4” will make a correction and then wave “5” will start. The target is the area of 2972.207. Manage your capital...

Hellena_Trade Updated 

Colleagues, I expect that price has not yet completed the upward movement. Judging by the nature of the last waves - this is a big correction “ABC” and at the moment wave “C” should update the maximum. Therefore, I expect to reach the area of 1.05712. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Colleagues, price has traveled a long distance and this could mean that price is moving in impulse. This means that the price is in wave “1” and now a correction is expected in wave ‘2’ (50% Fibonacci level 1.03264) and then I expect the upward movement to continue in wave “3” which will reach the resistance area 1.05281. Manage your capital correctly and...

Hellena_Trade Updated 

Colleagues, I believe that wave “2” has completed its development and now I expect the upward movement to continue in wave ‘3’, which should break the maximum of wave “1”. So far, I set the target as a minimum in the area of 6136.8. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Colleagues, the situation is quite complicated, so I assume that the price is in a combined correction. At the moment I expect the completion of wave “B” in the 77.00 area, then the completion of wave “C” in the 70.00 support area. Complex compound corrections are always quite unpredictable, so I recommend not to forget about SL and lot calculation. Manage your...

Hellena_Trade Updated 

Colleagues, the price continues its upward movement and I believe that the wave “3” of the senior and middle orders has not completed its development. At the moment it is quite difficult to predict the end of wave “3”, but I will try to assume that now there will be a correction to the area of 2809 level, then the upward movement will continue to the area of...

Hellena_Trade Updated 

Colleagues, the situation in the markets is quite complicated. But gold is aiming for new highs, given that in all difficult times gold has been a reliable instrument for storing assets. At the moment, I expect the completion of lower wave “3” in the area of 2857.750 (100% Fibonacci extension level). Manage your capital correctly and competently! Only enter...

Hellena_Trade Updated 

Colleagues, the situation on the markets is quite complicated. Now we are witnessing a period of complex combined corrections and lengthening waves. But it is also possible to analyze it. At the moment I expect the big gap to close and reach the resistance level of 1.03609. We all know that gaps usually close. This will be a correction in wave “2”. Manage your...

Hellena_Trade Updated 

This month it is extremely difficult to predict the movement of gold, because there are too strong processes in the world, which no one expects. But I will always try and will not give up drawing waves, because it brings profit and valuable experience. In this case, I see a continuation of the upward movement to the area of 161.8% Fibonacci extension level. This...

Hellena_Trade Updated 

Colleagues, the price reached the 5920 level too quickly, so I tend to believe that wave “2” is not completed. It should consist of 3 waves “abc” so I expect the low of wave “a” 5920 to be updated. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Colleagues, I believe that price is completing wave “1” and I believe that a correction in wave “2” is inevitable. I expect the price to reach the area of 38.2% - 50% Fibonacci levels (5972.9). I believe that a small update of the maximum of wave “1” is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Dear Colleagues, after the last upward movement it became clear that the wave “5” of the senior order is already completed and it means that we should expect the continuation of the correction “abc”. At the moment I expect a corrective movement in wave “b” to the 50% Fibonacci area (1.03180), then an upward movement to the resistance area of 1.05862. It is...