Euro / U.S. Dollar
Long
Updated

Hellena | EUR/USD (4H): LONG to the resistance area 1.11613.

1 303
Colleagues, the price is in the correction of wave “2”. I believe that the upward five-wave impulse is not yet complete. In any case, I think that the price will still reach the maximum of wave “1” at 1.11613.
The question is how far will the correction of wave “2” go or is it over? There is no way to know for sure, so I don't recommend selling. I think we should stick to long positions.

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Colleagues, the price reached the area of 1.08906 and immediately began to strive for the target of 1.11613. I read that at this point you can close some positions or should set trades to breakeven. The wave theory works, but it is not a stable time, you know.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
Trade closed: target reached
Well done!
snapshot

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