Hellena | GOLD (4H): Long to the resistance area of 2418.70.Dear Colleagues, I had to review the wave analysis and I believe that price has not yet updated the highs.
At the moment the price is in wave 1 of medium order. It is an impulse wave consisting of 5 waves. Possible correction to the area of 2348 then continuation of the upward movement to the resistance area of 2418.7 .
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Hellena | DJI (4H): Short to 50% Fibo lvl 39,059.Dear Colleagues, in general I see that the price will still rush upwards, because now the wave "3" of higher order is developing.
But I believe that now there will be a correction to the area of 50% Fibonacci level (39,059) in wave "2".
But before this correction, I believe that the price will complete a 5-wave movement in lower waves.
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Hellena | EUR/USD (4H): Long to the resistance area at 1.08501.Dear colleagues, it seems that the price is not stopping after all and continues the downward movement. At the moment, I expect that wave "2" of the higher order will end and a strong upward movement in wave "3" will begin.
The nearest target is the resistance area at 1.08501.
The support area is 1.06356.
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Hellena | SPX500 (4H): Long to 5549 area (Wave "3").Dear Colleagues, I believe that price will continue its upward movement to the 5549 area. I think that now the wave "3" of the higher order continues its active development.
Possible correction in wave "2" to the area of 5369.9.
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Hellena | GOLD (4H): Short to 100% Fibo lvl 2266.738.Dear colleagues, I've been thinking and drawing waves for a long time and here are my thoughts.
I believe that Price will still reach the target level of 100% Fibonacci level extension 2266.738 .
Price is now in a wave "4" of higher order and in a small but complex correction. Corrections are always complex and not predictable, but wave "4" should be completed.
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Hellena | EUR/USD (4H): Long to the 1.09168 (Wave "3").Dear Colleagues, the price is rebounding and I believe that the wave "3" of the higher order has just started its upward movement. At the moment I expect a correction in the lower wave "2" (1.07741) and then the continuation of the upward movement to the target of the nearest maximum of 1.09168.
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Hellena | Oil (4H): Short to support area 72.631 (Wave 5).Dear Colleagues, as in the last forecast I assume that the price was moving in wave “4” and is currently completing this wave.
I expect the wave to start downward movement and reach the support area (minimum of wave “3”) at 72.631. Because this movement will be the development of wave “5” in the ending diagonal.
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Hellena | DJI (4H): Short to the support area 37616.32.Dear colleagues, having reviewed the waves I assume that now the price is in a big correction and I expect that the price will continue downward movement to the support area 37616.32 (completion of the wave “C”). Before that a small correction to the resistance area 38978.81 is possible.
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Hellena | GOLD (4H): Short to 100% Fibo lvl 2252.844.Dear Colleagues, the news had a big impact on the price last week. I think that everyone felt these changes. My last trade went to breakeven, although it was very close to the target.
Now I believe that wave 4 is still not complete. This means that I expect further price decline to the area of 100% Fibonacci extension level at 2252.844. Of course, I expect a slight correction.
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Hellena | EUR/USD (4H): Long to the target 1.08144.Dear Colleagues, after such sharp moves and breaks, the wave markings may look a little strange and break some rules, but this is rare.
In this case, I still assume that all this movement is a movement in wave “2”. And it won't be long before the long awaited upward movement begins. Plus, the gaps are most often closed.
I expect that the price will push from the support area 1.07018, then come to the target 1.08144. This is the nearest target.
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Hellena | SPX500 (4H): Long to the area of 5443 level.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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Hellena | EUR/USD (4H): Long to 61.8% Fibo lvl 1.09710.Dear Colleagues, I believe that wave “2” has been completed, which means that price is now forming wave “3”.
I expect the price to make a correction in the small wave “2” in the area of 1.08181, then I expect an update of the high.
I expect the price to reach at least the area of Fibonacci 61.8% extension level (1.09710).
Then we will see what will happen next.
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Hellena | Oil (4H): Long, correction to the area of 76.326.Dear colleagues, I have analyzed for a long time and came to the conclusion that the price will probably continue to decline, but at the moment I see that wave “3” is not formed yet, and therefore wave “4” is not formed either. Therefore, I expect a correction to the area of 76.326, but it is desirable that the price does not reach the level of 76.50, because this is the minimum of wave “1”.
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Hellena | GOLD (4H): Long to resistance area 2404.446.Dear colleagues, the markup turned out to be rather unusual, but I still assume that the price is headed for a correction in wave “4” (2328.823). This may mean that the price will soon start an upward movement at least to the area of the nearest resistance at 2404.446.
After confirmation of this movement we will consider options for further upward movement.
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Hellena | SPX500 (4H): Short to support area 5165.Dear colleagues, I am considering the possibility that wave “2” is not yet completed, because wave “a” looks more like a part of a correction than a full-fledged correction.
Therefore, I count on the update of the high of 5300, and then a downward movement to complete wave “2” to the support area of 5165.
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Hellena | EUR/USD (4H): Long to resistance area 1.08877.Dear Colleagues, I have redrawn the waves and I believe that the upward movement will still take place, but later than I expected earlier.
I believe that the price is completing the corrective wave “2”. I assume that the price may push from the area of 50% Fibonacci Level 1.07481. Then I expect an upward movement to the nearest high of 1.08877, which is an area of strong resistance.
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Hellena | Oil (4H): Long to resistance area of 84.42.Wave “4” traveled a greater distance than I had anticipated. At the moment I expect a small update of the 78.80 low and the beginning of the upward movement with the aim to reach the resistance area of 84.42.
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Hellena | SPX500 (4H): Short to 38.2% Fibo lvl 5205.Dear colleagues, I think that the price has either already completed or is about to complete the impulsive movement in wave “1”, so I expect the beginning of correction at least to the area of 38.2% Fibonacci level 5205. It is quite possible that the price will update the high and reach the area of 5375 before starting the correction.
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Hellena | DJI (4H): Short to the support area 37616.32.Dear colleagues, having reviewed the waves I assume that now the price is in a big correction and I expect that the price will continue downward movement to the support area 37616.32 (completion of the wave “C”). Before that a small correction to the resistance area 38978.81 is possible.
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Hellena | DJI (4H): Short to the area of 38566.67.Dear colleagues, I believe that the impulse of the senior wave “1” is not yet over.
I assume that the correction is now in priority, so 2 variants of events are possible:
1) formation of lower wave “4” and “5” (39863.75), then correction with the aim to reach the area of 38566.67;
2) The correction will start soon without a new high, but in this case we will have to reconsider the waves.
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Hellena | EUR/USD (4H): Long to resistance area at 1.09501.Dear colleagues, I believe that the five-wave momentum is not yet complete. I expect a correction in wave “4” to the area of 1.08270, then the continuation of the upward movement to the area of 1.09501. Thus, the price will complete the wave “1” of the higher order.
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Hellena | GOLD (4H): Long to resistance area of 2455.145.Dear Colleagues, I believe that the upward movement is not over yet. If we look at the wave pattern, we can see that the price has gone through 5 waves in the impulse “3”. This means that there should be an upward wave “5”.
Therefore, I expect a correction to the area of 2402.732, after which I expect the price in the resistance area of 2455.145.
Thus the five-wave movement will be completed.
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Hellena | GOLD (4H): Long to resistance area of 2402.809.Dear colleagues, I believe that the price will continue the upward movement to the resistance area 2402.809. This is the minimum target in case wave “5” turns out to be truncated. Before this movement, a correction is possible in the area of 50% Fibonacci level 2328.823.
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