Long

Hellena | DJI (4H): Long (update the top of wave 3 39980).

Updated

Dear colleagues, I suppose that the upward movement is not over yet! Price is in the upward impulse of wave 3 of higher order and wave 5 of lower order.
I expect the completion of wave 4 of lower order in the support area of 39340, then the upward movement, which will update the top of wave 3 of lower order in the area of 39980.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Note

Dear colleagues, the price has reached the support area 39340. I suppose that the price can still update the low a bit, but from now on I consider only long positions.

Note

Colleagues, the price has gone most of the way to the target and is now at 39765. I suppose that by the end of the week the price may reach the target! Don't forget to set trades to breakeven!

Note

Colleagues, the price has almost reached the target and I suppose it is worth closing the position before the end of the trading week if it is near the target 39980.
In any case, I will not get tired of repeating - I recommend to set trades to breakeven!

Trade closed: target reached

Dear colleagues, I did not have time to close positions at the end of the week. At the market opening I assume to close long positions with a good profit, because correction is possible and then we will be able to consider long positions again. So I mark the idea as worked out at the level of 39822.

Hellena_Trade

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