Hellena_Trade

Hellena_Trade Updated 

Colleagues, price has traveled a long distance and this could mean that price is moving in impulse. This means that the price is in wave “1” and now a correction is expected in wave ‘2’ (50% Fibonacci level 1.03264) and then I expect the upward movement to continue in wave “3” which will reach the resistance area 1.05281. Manage your capital correctly and...

Hellena_Trade Updated 

Colleagues, I believe that wave “2” has completed its development and now I expect the upward movement to continue in wave ‘3’, which should break the maximum of wave “1”. So far, I set the target as a minimum in the area of 6136.8. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Colleagues, the situation is quite complicated, so I assume that the price is in a combined correction. At the moment I expect the completion of wave “B” in the 77.00 area, then the completion of wave “C” in the 70.00 support area. Complex compound corrections are always quite unpredictable, so I recommend not to forget about SL and lot calculation. Manage your...

Hellena_Trade Updated 

Colleagues, the price continues its upward movement and I believe that the wave “3” of the senior and middle orders has not completed its development. At the moment it is quite difficult to predict the end of wave “3”, but I will try to assume that now there will be a correction to the area of 2809 level, then the upward movement will continue to the area of...

Hellena_Trade Updated 

Colleagues, the situation in the markets is quite complicated. But gold is aiming for new highs, given that in all difficult times gold has been a reliable instrument for storing assets. At the moment, I expect the completion of lower wave “3” in the area of 2857.750 (100% Fibonacci extension level). Manage your capital correctly and competently! Only enter...

Hellena_Trade Updated 

Colleagues, the situation on the markets is quite complicated. Now we are witnessing a period of complex combined corrections and lengthening waves. But it is also possible to analyze it. At the moment I expect the big gap to close and reach the resistance level of 1.03609. We all know that gaps usually close. This will be a correction in wave “2”. Manage your...

Hellena_Trade Updated 

This month it is extremely difficult to predict the movement of gold, because there are too strong processes in the world, which no one expects. But I will always try and will not give up drawing waves, because it brings profit and valuable experience. In this case, I see a continuation of the upward movement to the area of 161.8% Fibonacci extension level. This...

Hellena_Trade Updated 

Colleagues, the price reached the 5920 level too quickly, so I tend to believe that wave “2” is not completed. It should consist of 3 waves “abc” so I expect the low of wave “a” 5920 to be updated. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Colleagues, I believe that price is completing wave “1” and I believe that a correction in wave “2” is inevitable. I expect the price to reach the area of 38.2% - 50% Fibonacci levels (5972.9). I believe that a small update of the maximum of wave “1” is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Hellena_Trade Updated 

Dear Colleagues, after the last upward movement it became clear that the wave “5” of the senior order is already completed and it means that we should expect the continuation of the correction “abc”. At the moment I expect a corrective movement in wave “b” to the 50% Fibonacci area (1.03180), then an upward movement to the resistance area of 1.05862. It is...

Hellena_Trade Updated 

Colleagues, I see that the price has completed wave “4” and is now forming wave “5” of the higher order. I believe that the price may go into correction in the lower wave “2” to the area of 50% Fibonacci level 5896.9, after which I expect the upward movement to continue to the resistance area 6104. The upward movement is the priority, so I warn that the price...

Hellena_Trade Updated 

Colleagues, I believe that wave “3” of the higher order is developing quite actively, but I expect a correction in wave “2” of the middle order. I believe that the price will reach the area of 50% Fibonacci level 2655 or earlier. We should be careful, because the price may stop at the 38.2% Fibonacci level. Around this area I should set trades to breakeven....

Hellena_Trade Updated 

Colleagues, I think the downward movement is over. Wave “3” is just developing and it may be shorter or longer than we think, but we can be sure of one thing - the end of the five-wave movement will be lower than the minimum of 1.01753. I believe that a correction to the 1.03442 area is possible, then I expect a continuation of the decline to the 1.00784 support...

Hellena_Trade Updated 

Colleagues, all trading instruments are behaving extremely unpredictably right now due to the situation with Trump's inauguration among other things. I see this as an opportunity to redraw the waves. Apparently now the price is developing wave “4” and will finish it soon. I expect the price to reach the area of 82.000, renewing the high of wave “3”. Manage...

Hellena_Trade Updated 

Friends, it's been pretty hard lately to draw waves on a gold chart and I realize that not everyone likes it, but I'm trying to be objective. The downtrend has not been confirmed and at this point it means that a five-wave upward movement is expected to complete. I expect that the correction will be completed in the middle-order wave “2” (2640 area), then we...

Hellena_Trade Updated 

Dear colleagues, I believe that the 2717 level will be reached again, because the five-wave upward movement is not over yet. I see here the development of wave “3” of higher order and the completion of the correction in wave “2” of medium order. I expect the price to start an upward movement this week. I do not recommend placing short orders. Manage your...

Hellena_Trade Updated 

Colleagues, after last reaching the 1.02213 target, I believe the downward five-wave move is not over yet. Wave “5” is not yet complete, but now the price is in the correction of the lower wave “2”. This means that the price is likely to continue the downward movement and update the low of the wave “1” 1.02213. Therefore, I believe that the price will reach the...

Hellena_Trade Updated 

Dear colleagues, I believe that the downward movement will continue within the correction (A B C). I expect wave “C” to start moving very soon. I think that the nearest target is the area of 5718 level, because there is a strong support area. Manage your capital correctly and competently! Only enter trades based on reliable patterns!