Hellen's thoughts

[Hellena Trade]

SPX500 (4H): Long to 100% Fibo lvl 5209.

➡️Colleagues, in the coming trading week I expect the uptrend to continue after the formation of corrective wave “2”, which I expect in the area of 50% Fibonacci level 5025.
After that I expect the beginning of the formation of wave “3”, with the aim to reach 100% of the Fibonacci extension level 5209.

 

[Hellena Trade]

Oil (4H): Long to resistance area of 87.47.

➡️Colleagues, there is a great possibility of a price reversal in the coming week to give us a chance to go long again. In this regard, I recommend closing some of the open positions at the beginning of the trading week.

 

[Hellena Trade]

🔔(UPDATE) 🇪🇺EUR/USD (4H): Long to resistance area of 1.07923.

➡️Colleagues, in the coming week I expect the upward movement in wave “3” to continue. I assume that the level of 1.06741 will not be updated.

🔔(UPDATE) 🥇 GOLD (4H): Long to resistance area of 2358.71.

➡️Dear colleagues, I believe that in the coming week the price will confidently come to the target of 2358.71. The idea is relevant. Perhaps there will be a small correction, but all my thoughts are only about long positions.

 

[Hellena Trade]

🔔(UPDATE) 💲 DJI (4H): Long to the resistance area 39156.49.

➡️Dear Colleagues, perhaps the price will update the low of 37771 and it will be an updated wave 2. This means that we have an opportunity to enter a long position again.

🔔(UPDATE) 5️⃣ SPX500 (4H): Long to 100% Fibo lvl 5209.

➡️Dear colleagues, it is possible that the price will update the low of 5012 and it will be an updated wave 2. This means that we have an opportunity to enter a long position again.
So far, the price is within the forecast.

#Oil
🛢Oil (4H): Long to resistance area of 84.42.

➡️Dear Colleagues, Wave “4” traveled a greater distance than I had anticipated. At the moment I expect a small update of the 78.80 low and the beginning of the upward movement with the aim to reach the resistance area of 84.42.

🔔(UPDATE) 🇪🇺EUR/USD (4H): Long to resistance area of 1.07923.

➡️Dear colleagues, the price touched the support area at 1.06595 and at the moment I still expect the upward movement to continue towards the target of 1.07923.

🔔(UPDATE) 🥇 GOLD (4H): Long to resistance area of 2358.71.

➡️Dear colleagues, the price has again touched the support area at 2281.896. At the moment I expect the upward movement to continue.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

 

[FranziskaSchulz]

EUR/USD (4H): Short to 100% Fibo extension 1.05684.

It's not so simple with the Eurodollar. Is the price trying to draw another correction for quite a long time?

well i can see what you say but i really cannot see why you say !!!

 

[Hellena Trade]

Well done!
✔️EUR/USD (4H): Long to resistance area of 1.07923.

 

[Hellena Trade]

🔔(UPDATE) 💲 DJI (4H): Long to the resistance area 39156.49.

➡️Colleagues, perhaps the price will reach the target without closing the gap. It can happen and the price will close the gap later. This gives us a hint that the 38458 area will still be worked out in the future.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

🔔(UPDATE) 5️⃣ SPX500 (4H): Long to 100% Fibo lvl 5209.

➡️Colleagues, the price has almost reached the target. I assume that a small correction is possible, but I expect the scenario to be completed.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

🔔(UPDATE) 🛢Oil (4H): Long to resistance area of 84.42.

➡️Colleagues, the price is about to reach the support area. But in any case, I am considering only long positions. Price is taking too long to update the low of wave “4”.

EUR/USD (4H): Long to resistance area at 1.08843..

➡️Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave “3” and in the junior corrective wave “2”.
Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843.

🔔(UPDATE) 🥇 GOLD (4H): Long to resistance area of 2358.71.

➡️Gold is starting its upward movement again. The price has updated the local high of 2328.500 and this means that I again expect the scenario to be completed.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

 

[Hellena Trade]

SPX500 (4H): Long to 100% Fibo lvl 5209.
Well done!

 

[Hellena Trade]

5️⃣ SPX500 (4H): Long to resistance area 5282.3.

➡️Dear colleagues, I assume that the upward movement in the senior wave “3” will continue, but after a small correction, presumably to the area of 50% Fibonacci level 5117.0 . Then I assume the continuation of the upward movement to the resistance area 5282.3.

🔔(UPDATE) EUR/USD (4H): Long to resistance area at 1.08843..

➡️Colleagues, the price is moving towards the support area at 1.07217. After reaching this area, I expect the beginning of the upward movement. I remind you that I do not recommend entering short positions and consider only long positions.

 

[Hellena Trade]

Well done!
✔️💲 DJI (4H): Long to the resistance area 39156.49.