Hellena | Oil (4H): Short to support area 88.00 (Wave 4).Dear Colleagues. After last week I had to completely revise the Elliott Wave markup. Most likely, the upward movement is not yet complete. I expect a corrective wave 4 to the support area of 88.00, followed by an impulsive wave 5, which will reach at least the nearest upper level of 92.00.
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Hellena
Hellena | GOLD (4H): Short to support area 1903.Dear Colleagues, at the moment price is in impulse wave 3. This wave can be the longest, so now I recommend to work only with short positions reaching the nearest support levels. At the moment the nearest support area is 1903. A small correction to the area of 50% Fibonacci level 1919 is possible.
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Hellena | GBP/USD (4H): Short to strong support 1.23974.Dear colleagues, we have 2 event scenarios in front of us, but with one final target in the support area at 1.23974. If the price immediately reaches the target, it will be the end of wave 3. But if we see a correction, it means that wave 3 is already formed and we are looking for a short entry with wave 5.
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Hellena | GOLD (4H): Short to support area 1914(Wave 3).Dear Colleagues, I assume that the price goes to corrective movement 2, then I consider short positions with the aim to reach at least the support area of 1914.
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Hellena | Oil (4H): Short to 38.2% Fibonacci 183.36. Dear colleagues, I assume that the price has completed wave 1. Correctional movement is inevitable. The nearest target is the area of 38.2% Fibonacci 183.36.
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Hellena | GOLD (4H): Short to support area 1915.960 (Wave 3).Dear colleagues, I assume that the price is completing the impulse wave 1 and starting the corrective wave 2. I consider only short positions and I think that the nearest target is in the support area of 1915.960. This is the minimum target because wave 3 should be longer than wave 1.
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Hellena | GBP/USD (4H): Short to 100% Fibo extension 1.24883.Dear Colleagues, I assume that the price is completing the impulse wave 3. I think that the nearest target at reaching 100% Fibonacci extension level 1.24883.
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Hellena | GBP/USD (4H): Short to support area 1.25515.Dear colleagues, I assume that the price has finished corrective movement 2 and starts impulsive movement 3. The first target is the support area 1.25515.
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Hellena | EUR/USD (4H): Long to swing area 1.08282.Dear colleagues, I assume that the price will make a corrective movement to the swing area 1.08282. After that I will look for the possibility to enter a short position.
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Hellena | EUR/USD (4H): Short to support area 1.07693 (Wave 3).Dear colleagues, I assume that the price has finished corrective movement 2 and starts impulsive movement 3. The first target is the support area 1.07693.
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Hellena | DJI (4H): Long to 50% Fibo lvl 35002.Dear Colleagues, I assume that the price is completing the corrective wave 4 and now the impulsive wave 5 will start. I consider only long positions with the aim of reaching at least the area of 50% Fibonacci 35002.
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Hellena | Oil (4H): Short to support 78.40 (Wave C)Dear colleagues, I assume that the price is starting wave C. The nearest target is the support area at 78.40. After reaching the target, I will consider only long positions.
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Hellena | GBP/USD (4H): Long to 50% Fibo lvl 1.26788.I assume that the price will make a corrective movement 2 to the area of 1.26788, after which I expect the continuation of the price decline with the renewal of the minimum.
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Hellena | GOLD (4H): Short to resistance area 1905.Dear colleagues, I assume that the price will make a corrective movement to the area of 50%-61.8% Fibonacci 190 levels. Then I will consider only long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!