Hellena | SPX500 (4H): Long to the area of 5443 level.

Updated
Dear colleagues, since the 5351 level has been broken, I believe that wave “2” has been completed, which means that wave “3”, which consists of five small waves, is currently developing.
Now I assume that either the price will continue the small wave “1”, or will form a small wave “2” in the area of 61.8% Fibonacci level, then continue the upward movement to the area of 5443 level.

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Note
Colleagues, Price has not yet updated the 5320 low. For now, I hope that the price can overcome this level and then I will look at long positions.
Trade closed: target reached
Well done!
snapshot
Chart PatternsForexforexsignalshellenahellenatradesignalservicesnp500SPX (S&P 500 Index)Trend AnalysisWave Analysiswavetheory

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