Hellena | EUR/USD (4H): Long to resistance area at 1.09819.

17 mars 2024

Dear Colleagues, price is in an upward movement of wave 3 of higher order and I expect wave 3 of lower order to start now. All indications are that the upward movement is not over yet.
I expect the price to test the support area at 1.08638 and then continue the upward movement at least to the resistance area at 1.09819.

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

19 mars 2024

Note

Dear colleagues, wave 2 is coming to an end and I do not recommend considering short positions! I only consider long positions. The price may still update the minimum a little bit, be careful!

20 mars 2024

Note

Dear colleagues, as I expected - the price updated the low and went behind the support area. At the moment the price may again slightly update the minimum, because the buyers are increasing their positions!
I suppose this means that the market gives us an opportunity to enter a long position more favorably! I consider only long positions.

21 mars 2024

Note

Yesterday's news had a positive impact on the forecast, well, I expect the scenario to be completed.

22 mars 2024

Note

Dear Colleagues, the news background has changed prices very much, but I still assume that price should reach the high of wave 1, and now price is updating wave 2.
Nobody expected such strong fluctuations, but we did not get a loss because the order was transferred to breakeven.