Hellena | GOLD (4H): Short to 50% Fibo lvl 2443 (Wave "2").Dear colleagues, I assume that the correction of wave “2” is still to come. This means that the price may update the nearest maximum and reach the area of 2520, which will mean the completion of the impulse in wave “1”.
Then I expect the beginning of the downward movement in the area of 50% Fibonacci level to the area of 2443.
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Hellenatrade
Hellena | EUR/USD (4H): Long to the resistance area 1.12998.Dear Colleagues, In the last forecast I expected a deeper correction, but it didn't happen. Well, so the price is in a strong bullish movement and at the moment I expect the price to complete wave “3” and start a small correction in wave “4” 1.10671, then I expect the resumption of the upward movement and the beginning of wave “5”, which will update the maximum 1.12331 and come to the resistance area 1.12998.
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Hellena | SPX500 (4H): Short to 50% Fibo lvl area 5374.Dear colleagues, at the moment I believe that the price is in the upward impulse of wave “1”, I assume that soon it will end and the correction to the area of 50% Fibonacci level 5374 will begin. It is quite possible that the price is already completing wave “1” and the downward movement will start soon.
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Hellena | Oil (4H): Long to resistance area 80.432.Dear Colleagues, the price is in a corrective movement and at the moment I believe that wave “b” is coming to an end. The wave completion range is 100%-161.8% Fibonacci extension levels (73.591-75.000). Next, I expect price to rise to the nearest high of 80.432. This is the resistance area.
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Hellena | EUR/USD (4H): Short to 50% Fibo lvl 1.08580.Dear Colleagues, the price has completed wave “1” and I believe that the price will leave for the correction of wave “2”.
At the moment I believe that it is possible to update the high of 1.1047 for the bears to gain strength, then I believe that the price will reach the area of 50% Fibonacci level of 1.08580.
It is possible that the price will immediately start a downward movement, but the correction should take place.
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Hellena | DJI (4H): Long to resistance area 41000.Dear Colleagues, because the big wave “4” (38549) has completed, now I believe that the price is in wave “5”. This means that the price probably has not yet completed the upward movement. I expect a small correction, then a continuation of the upward movement at least to the 40900-41000 area.
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Hellena | GOLD (4H): Long to 2494 area (Wave "3").Dear colleagues, I believe that the price is still in an upward movement and at the moment I see a corrective movement “abc” which is wave “2”.
After reaching the area of 2420 I expect the beginning of the upward movement at least to the area of 2494, which is an update of the maximum of 2483.
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Hellena | Oil (4H): Short to 50% Fibo lvl 76.54 (Wave "a").Dear colleagues, after the last target achievement the price is actively growing and I believe that this growth is not over yet, but I expect a correction to the area of 50% Fibonacci level 76.54. This movement is a corrective wave "b". After it I will consider the continuation of the upward movement, but at the moment the price needs wave "b".
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Hellena | SPX500 (4H): Long to resistance area 5566.Dear Colleagues, because the big wave “4” (5095) has completed, now I believe that the price is in wave “5”. This means that the price probably has not yet completed the upward movement. I expect a small correction, then a continuation of the upward movement at least to the 5566 area.
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Hellena | GOLD (4H): Long to 2484 area (Wave "3").Dear Colleagues, in the last forecast I expected wave "C" to be lower, but now it is obvious that this wave is already completed at the level of 2355 and the price has started an impulsive upward movement.
I expect the price to reach at least the 2484 area.
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Hellena | EUR/USD (4H): Long to resistance area of 1.10079. Dear Colleagues, after such a strong news background, I believe that the price will not go for a strong decline. In addition, I see wave "3", which has not yet completed its impulse.
Therefore, I assume that the price will continue the upward movement and the minimum target for today resistance area 1.10079. It is quite possible that the price will gain strength and reach 1.08949 (50% Fibonacci level) first.
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Hellena | SPX500 (4H): Long to resistance area 5407.Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.
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Hellena | DJI (4H): Long to resistance area 40071.Dear Colleagues, in the last forecast the price almost reached the target 41680, but sharply started to decline. This means that the price is in a complex correction (WXY).
I expect that the price has almost finished the downward movement in wave (Y), and will start an upward movement soon.
The level where the price may come to is 38799, but in general I expect an upward movement at least to the area of 40071.
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Hellena | Oil (4H): Short to support area 72.631 (Wave 3).Dear colleagues, I am still hoping for a downward movement, it's just that I have revised the wave formation because the price has gone quite high.
At the moment, I believe that the price is now completing the movement in the senior wave "2". After reaching the resistance area of 84.00 - 85.00, I expect the beginning of the big wave "3"!
Therefore, I suggest to take what happened as an opportunity to enter a short position in the most profitable way!
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Hellena | EUR/USD (4H): Long to resistance area of 1.09800.Dear colleagues, I believe that the price will continue the upward movement. In all probability, the price is in wave "3" of the higher order and wave "3" of the lower wave. This means that the probability of an upward movement is strongly increasing.
I expect a small correction to the area of 1.08696, then an upward movement to the resistance area of 1.09800.
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Hellena | SPX500 (4H): Long to resistance area 5407.Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.
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Hellena | DJI (4H): Long to resistance area 41680 (Wave 5).Dear Colleagues, I believe that the price is still in an upward movement. At the moment, the higher order wave “4” is finishing forming. Either it has finished forming, or it will renew the minimum in the support area of 40071. After that I expect the continuation of the movement in the wave of higher order “5”. So I expect the price at the level of the maximum of the wave “3” 41680.
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Hellena | GOLD (4H): Short to 100% Fibo lvl 2331,559 (Wave "C").Dear Colleagues, I believe that gold will start an upward movement, but first we need to complete wave “C” in a major correction.
For this, the price needs to reach the area of 100% Fibonacci extension level (2331,559).
A small correction to the 2420 area is possible first. The bears have not lost their strength yet.
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Hellena | SPX500 (4H): Long to resistance area 5684. Dear Colleagues, I believe that the price will still continue its upward movement. I believe that we are witnessing the development of a five-wave impulse and very soon the price will start moving in wave “5”.
I expect that the price will either start its upward movement immediately or after a deeper correction to the area of 5477.
After that I expect to reach the resistance area of 5684.
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Hellena | GOLD (4H): Long to 50% Fibo lvl 2439.Dear Colleagues, It looks like price has completed an upward five-wave momentum move and is now in an “A B C” correction.
Therefore, I expect the price to reach the area of 50% Fibonacci level 2439. I will then expect the price to decline.
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Hellena | GOLD (4H): Long to the resistance area of 2512.Dear Colleagues, I believe that the price has completed the wave “3” of small order and now I expect the completion of the wave “3” of medium order in the area of 2512.
A small correction to the area of 2442 is possible, because wave “4” has not yet marked its minimum.
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Hellena | GOLD (4H): Long to the resistance area of 2477.Dear Colleagues, I believe price is in wave "3" of all three orders (small, medium and high).
Therefore, I expect a small correction to the area of 2410, then a continuation of the upward movement, overcoming the strong level of 2449 and reaching 2477.
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Hellena | EUR/USD (4H): Long to resistance 1.09138 (wave "3").Dear Colleagues, I believe that the price is in the wave "3" of the senior order and wave "1" of the middle order. Therefore, I expect one of 2 variants of events:
1) Price will continue the wave "1" and reach the resistance area 1.09138;
2) Price will make a correction to the 50% Fibonacci level of 1.07655 and then continue the wave "3" of medium order.
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