Hellena_Trade

Hellena_Trade Updated 

Colleagues, Price closed the gap and now I believe that wave “C” is almost over or already over. Therefore, I think that we should look only at long positions with the aim to reach the area of 1.06197. There are 2 possible scenarios: 1) Wave “C” is finally formed and the price will continue the upward movement. (More risky market entry) 2) The price will still...

Hellena_Trade Updated 

Dear Colleagues, I believe that price will still make new highs. I expect that the wave “5” of the middle order is not yet complete. Perhaps the price will test the 50% Fibonacci level of 5847 and then start an upward movement to the resistance area of 6117 (Wave “3”). This correction may not happen, then it would mean that the price continued the wave...

Hellena_Trade

Colleagues, the previous forecast is still active, but I decided to make a new one to show in more detail what exactly is going on. I believe that the price is in a five-wave upward movement and now we are expecting a lower and middle-order wave “3”. Therefore, I believe that the upward movement will continue and the price will reach the level of 2717.733....

Hellena_Trade Updated 

Dear colleagues, the price continues its upward movement and it means that wave “C” is definitely formed. I believe that the price is forming a five-wave movement and we have 2 options for the development of events 1) Wave “1” is not formed yet and will continue the upward movement - this is a more risky entry into a long position. 2) Wave “1” is formed and I...

Hellena_Trade Updated 

Colleagues, in the coming week I predict a continuation of the downward movement, because wave “C” is not yet completed. I believe that the price will reach the support area of 1.04000, because it is a strong psychological level. Now we should be very careful, because after the completion of wave “C” I expect the beginning of the upward movement. Manage your...

Hellena_Trade Updated 

Dear colleagues, I believe that the price will complete the correction very soon and the upward movement will start. I think that wave “C” is almost complete. The support area is quite wide (2512), because it is from these levels we should make a conservative entry into a long position. But there is a possibility that the price has completed wave “C” at 2537....

Hellena_Trade Updated 

Colleagues! If we believe the wave pattern, the price is now in a strong impulsive downward movement. I believe that the price will renew the lows and rush to the area of 100% Fibonacci extension to the area of 62.238. Wave 3 lower wave should be completed there. But we should not forget that the price is in wave 3 of the higher and middle order, which means...

Hellena_Trade Updated 

Dear colleagues, I believe that it is too early to talk about long positions. I expect the price to complete a big correction and then we will look for long positions. So far I see a variant with the completion of wave “C” in the area of 2538-2545. Preliminary correction to the resistance area of 2645 is possible. Therefore, there are two possible options to...

Hellena_Trade Updated 

Dear colleagues, I assume that the price will continue the downward movement and will soon reach the area of 1.05183. This movement will be a wave “C” of the higher order. The most important thing now is to understand where exactly the downward movement will end, because if you look at the daily timeframe, the price is still in a major upward movement, so after...

Hellena_Trade Updated 

Dear colleagues, I believe that wave “5” is not completed yet, but it can end at any moment, so I consider 2 variants of events, but in both the target is the support area 2603. 1) The riskier one is to open a short position on the market. 2) Conservative - wait for the price to rise, and enter with less risk. Manage your capital correctly and competently! Only...

Hellena_Trade Updated 

Dear Colleagues, I believe that price is still in a five-wave downtrend. The mid-order wave “3” is in a small correction, but very soon the downward movement will continue. I believe that the price has already closed the gap and may reach the resistance area of 74, then I expect the price to decline to the support area of 67.046. There are 2 possible courses of...

Hellena_Trade Updated 

Colleagues, the US presidential election has made some adjustments to the wave markup and I now believe price is in a contested position. I think that the downward movement will continue and the price will update the lows, but for now I expect the price to reach the support area at 1.06749. If the price updates this level - I will consider that the price is in a...

Hellena_Trade

Colleagues, I believe that the price will continue the downward movement, but before this movement there is a high probability that the price will reach the area of 2734, then continue the downward movement. There are only 2 options to enter the position. Either you take a risk and enter on the market. Or you wait for the local high of 2710 to be updated....

Hellena_Trade Updated 

Dear colleagues, I believe that the upward movement is not over yet and the end of the movement in wave “5” is ahead. At the moment I see the support area of 5800, from which I assume that the price will reach the area of 5915. Then we will look for a short trade entry, but for now all my thoughts are only on long positions. Manage your capital correctly and...

Hellena_Trade Updated 

Dear Colleagues. I have redrawn the waves and it seems that the price has not reached the minimum values yet. Apparently wave “4” is the longest correction we have had recently. According to the data, the price tends to the area of strong resistance at 1.07575. This will be the completion of the corrective wave “C”. Then I would still like to see an upward...

Hellena_Trade Updated 

Dear colleagues, I believe that at the moment we have a great opportunity to find an entry into a short position that will bring us many pips. The fact is that the wave “2” of the middle order is completed, which means that the wave “3” of the higher order continues the downward movement in the wave “3” of the middle order. I expect the price to rise a bit more...

Hellena_Trade Updated 

Friends, I am wary of giving any long-term forecasts, because an interesting situation has developed at the moment. I believe that the big wave “3” is coming to an end. But it is difficult to say exactly where. Now the price continues its upward movement and I will trade in small intervals. At the moment I think that the price will rise a little more to the area...

Hellena_Trade Updated 

Dear colleagues, after last week's good forecast, I realized that the upward movement is not over yet. The price is probably moving in wave “3” of higher order and wave “3” of lower order. Therefore, I believe that the price will correct a bit and continue the upward movement to the 67.912 area. These are the levels of 61.8% - 100% Fibonacci extension. Manage...