Long

Hellena | SPX500 (4H): Long to resistance area 5282.3.

Updated

Dear colleagues, I assume that the upward movement in the senior wave “3” will continue, but after a small correction, presumably to the area of 50% Fibonacci level 5117.0 . Then I assume the continuation of the upward movement to the resistance area 5282.3.

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

Note

Colleagues, the price continued the upward movement and I assume that the correction will still take place, but a little later. At the moment I expect the completion of the lower wave “5”.

Note

Dear Colleagues, in the coming week I assume that the price will still make a correction to the support area of 5117.0.

Note

Colleagues, I still believe that price can make a good correction, but there is a possibility that price will be at the target sooner.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

Note

The price has almost reached the target! I assume that the completion of the scenario will take place already this week.

Trade closed: target reached

Well done!

Hellena_Trade

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