Colleagues, I believe that the price will continue its downward movement. At the moment we are observing a combined correction. I expect the completion of wave “Y”. Even if it is already completed, the price is still waiting for a downward correction to the support area of 55.204. Therefore, I think that 55.204 is the 1st minimum target.
There are two possible ways to enter the position:
1) Market entry
2) Pending Limit orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
There are two possible ways to enter the position:
1) Market entry
2) Pending Limit orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Trade active
I believe we can look out for more favorable short positions from here on out. The price is in the resistance area of 64.00 and I think it may even reach the area of 66.00.But it does not matter much, because I am still optimistic that the price will continue its downward movement soon.
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🌅 INSTAGRAM: instagram.com/hellena_trader
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.