Hellen's thoughts

[Hellena Trade]

#Oil
🛢Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
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➡️Hello, colleagues!
Well, I think that the previous scenario is still relevant and the “ABC” correction is developing according to the scenario.
At the moment, I see a five-wave structure in the downward wave “C”. I expect a small correction to the area of 67.287, then a continuation of the downward movement to the area between 61.8% and 100% of the levels of Fibonacci extension - the support area of 61.937.

 

[Hellena Trade]

#EURUSD
🔔(UPDATE)🇪EUR/USD (4H): LONG to the resistance area 1.17578.
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➡️I expect that the target will be reached soon. At this stage, I would like to remind you of the need to set trades to breakeven or close some of your positions.⚡️

 

[Hellena Trade]

#GOLD
🔔(UPDATE)🥇 GOLD (4H): LONG to resistance area of 3448 (Wave 3).
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➡️The 3340 level may be reached again as part of a minor correction.
This is a reason to find a good entry point again.

 

[Hellena Trade]

Super calls Hellena. 👏👏

I find my self checking in here to view your charts and finding them very helpful.

Big thank you. 👍🙂👍

Oh, I'm so glad I can be of help!
I try not to miss a single move!)

 

[Hellena Trade]

#Oil
🔔(UPDATE)🛢Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
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➡️The price has reached half of the target, and I recommend setting trades to breakeven.
The priority now is to update the 63.354 level — continuation of the impulse movement in wave “3”.

 

[Hellena Trade]

#GOLD
🔔(UPDATE)🥇 GOLD (4H): LONG to resistance area of 3448 (Wave 3).
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➡️After a slight upward movement, it was expected to see a correction. At the moment, I believe that this week the price will continue its upward movement in the medium-term trend “3” and, after updating the 3407 level, I think that the target will be reached quickly.

 

[Hellena Trade]

#SPX500
🔔(UPDATE)5️⃣ SPX500 (4H): LONG to resistance area of 6596.
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➡️Dear colleagues, the level of 6441.8 has been broken, which means that I expect the upward movement to continue, but a slight correction is possible.

 

[Hellena Trade]

#Oil
🔔(UPDATE)🛢Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
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➡️The level of 63.354 has been broken, and I expect the movement towards the target to continue.
⚡️I recommend setting trades to breakeven.
(Breakeven = no risk: move the stop loss to the entry level).

 

[Hellena Trade]

#EURUSD
🔔(UPDATE)EUR/USD (4H): LONG to the resistance area 1.17578.
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➡️The target is almost reached, and I expect it to be reached this week.
When the target of 1.17578 is reached, I will observe the price behavior — if there is a deep correction, I will revise the wave marking. It is possible that the higher-order wave “5” has only just begun its movement. But more on that in the next forecast.

 

[Hellena Trade]

#Oil
✔️🛢Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
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⚡️Target area reached! I think this area will be reached more confidently, but that will be the subject of the next forecast.

 

[Hellena Trade]

#EURUSD
✔️EUR/USD (4H): LONG to the resistance area 1.17578.
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The movement will continue, but I think it is necessary to write a new forecast.

 

[Atilla]

#Oil
✔️🛢Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
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⚡️Target area reached! I think this area will be reached more confidently, but that will be the subject of the next forecast.

Hi Hellena,

Do you consider news when reflecting on your technical forecasts? i.e. there is talk of record supply glut next year.

Also, with electric cars becoming cheaper and more in use etc., likely to shift the demand curve for oil.

 

[Hellena Trade]

#Oil
🛢Oil (4H): SHORT to support area of 60 (Wave "3").
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➡️Wave “C” continues to develop in a five-wave movement. Right now, I think wave “1” has just ended and we will see a small correction to the 66,280 area (wave ‘2’), after which I expect wave “3” to develop, which should go further than the 60 support level, but this is a fairly strong psychological level at which it would be good to take profits.

 

[Hellena Trade]

#EURUSD
EUR/USD (4H): LONG to the resistance area 1.18098.
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➡️We are observing the development of a five-wave impulse in the medium-term wave “2”.
The small wave “1” appears to be completing its movement, and I expect a correction in wave ‘2’ to the area of 1.15681, followed by a continuation of the upward movement in wave “3”. The minimum target for the movement is the resistance area of 1.18098.
I do not rule out the fact that wave “1” is not yet complete, so there is a possibility of the upward movement continuing without correction.

 

[Hellena Trade]

#GOLD
🥇 GOLD (4H): LONG to resistance area of 3400 (Wave 3).
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➡️I am updating my idea because I have a certain vision of the situation, like the diagonal “ABCDE”, in which the movement has already ended. It is quite remarkable that this scenario, like the previous one, envisages a continuation of the upward movement.
Therefore, I am considering a small correction to the 3300 area (wave “2”), followed by a continuation of the upward movement to the 3400 resistance area.
If the price reaches the target immediately, this does not contradict the idea. Therefore, I recommend considering only long positions or limit orders.

 

[Hellena Trade]

#GOLD
🔔(UPDATE)🥇 GOLD (4H): LONG to resistance area of 3400 (Wave 3).
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➡️The price is actively moving towards the support level of 3300 to fully complete wave “2”. I believe that today or tomorrow the price will begin to reverse.

 

[Hellena Trade]

#SPX500
🔔(UPDATE)5️⃣ SPX500 (4H): LONG to resistance area of 6596.
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➡️This idea is a bit time-consuming, but that doesn't affect my goal of seeing the impulse complete.
It is quite possible that wave “3” has already completed, we have seen the correction in wave ‘4’ and now we are watching the development of wave “5”. This means that the level of 6490 will be updated.

 

[Hellena Trade]

#Oil
🔔(UPDATE)🛢Oil (4H): SHORT to support area of 60 (Wave "3").
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➡️The 64.36 level has been updated and now I think price will move a little closer to the 65-66 level. In any case, I would advise to look out for short positions as it will be difficult to determine the end of wave “2”.

 

[Hellena Trade]

#EURUSD
🔔(UPDATE)EUR/USD (4H): LONG to the resistance area 1.18098.
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➡️The price has fully reached the area of potential end of correction in wave “2” (1.15909), and now I recommend to look out for long positions.
The price is likely to start the impulse in wave “3” today or early next week.
Keeping an eye on the situation.

 

[Hellena Trade]

#EURUSD
🔔(UPDATE)🇪EUR/USD (4H): LONG to the resistance area 1.18098.
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➡️We saw a great reaction from the 1.15754 area. The bulls took the initiative and this week I expect the scenario to be completed and the target of 1.18098 to be reached.