Hellena | DJI (4H): Long to resistance area 41687.

By Hellena_Trade
Updated
Dear colleagues, I believe that the correction in the wave “2” has already taken place and therefore the impulse wave “3” has started, which according to the rules of wave analysis should reach the resistance area 41687.
This is possible in 2 cases:
1) wave 1 has not been formed yet
2) after wave 2 in wave 3 (then this level will be reached 2 times).

Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Trade active
Colleagues, most likely the price will immediately reach the area of 41687, then the correction in wave “2” will begin, after which the price will again rush to the area of 41687. Thus, we will be able to take profit from one level twice!
Trade active
Colleagues, price has reached the target area, but I believe we can wait for wave “2” and then update the high of 41791. This will be the beginning of wave “3”. So I expect a correction and upward movement.
snapshot
Trade closed: target reached
Colleagues, I believe that the forecast has taken place and I am closing positions. Because the upward movement will continue, but the correction will be somewhat less and therefore I will make a new forecast.
snapshot
Chart PatternsDJIdowjonesForexforexsignalshellenahellenatradeTrend AnalysisWave Analysiswavetheory
Hellena_Trade
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader

Related publications

Disclaimer