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Hellena | Oil (4H): Short to support area of 67.34.Dear Colleagues, Towards the end of the year we see a large accumulation of option contracts at levels that are well below the current price. I believe that we should look out for short positions. I expect that wave 2 has finished its movement near the 74.80 area and I expect an impulsive wave 3, which will come at least to the target in the support area of 67.34. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
TVC:USOILShort
by Hellena_Trade
22
Hellena | GOLD (1H): Short to support area of 2056 (correction).Dear colleagues, I suppose that we are in for a strong decline! But it will not be easy to catch the end of wave 5. I suppose that wave 5 may continue its ascent to the resistance area of 2099. Somewhere in the range near this level we should enter a short position because the five-wave structure is coming to an end and the price will enter a deep correction. If you prefer aggressive trading, you can enter the trade earlier. But the main target is in the support area of 2056. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDShort
by Hellena_Trade
4
Hellena | GOLD (1H): Long to resistance area of 2070.573.Dear Colleagues, I suppose that the upward movement is not over yet. I expect the completion of wave 4 in the area of 50%-61.8% Fibonacci level 2046. It is possible that the price will go even lower, so keep an eye on the updates. Then I expect an upward movement with the aim to reach at least the resistance area of 2070.573. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
Hellena | GOLD (1H): Long to resistance area of 2060.Dear Colleagues, I assume that the upward movement is not over. Gold is quite a reliable asset that continues to be bet on. Therefore, I think that the price is completing a wave 1 and after the correction of wave 2 in the area of 2032.223 I expect the price to rise at least to the resistance area of 2060. Perhaps the price will immediately update the maximum and rush to the target. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
4