Hellen's thoughts

#Oil
πŸ›’Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
βž–βž–βž–βž–βž–βž–βž–βž–βž–
➑️Hello, colleagues!
Well, I think that the previous scenario is still relevant and the β€œABC” correction is developing according to the scenario.
At the moment, I see a five-wave structure in the downward wave β€œC”. 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.
 

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#EURUSD
πŸ””(UPDATE)πŸ‡ͺEUR/USD (4H): LONG to the resistance area 1.17578.
βž–βž–βž–βž–βž–βž–βž–βž–βž–
➑️I 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.⚑️
 

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#GOLD
πŸ””(UPDATE)πŸ₯‡ GOLD (4H): LONG to resistance area of 3448 (Wave 3).
βž–βž–βž–βž–βž–βž–βž–βž–βž–
➑️The 3340 level may be reached again as part of a minor correction.
This is a reason to find a good entry point again.
 

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#Oil
πŸ””(UPDATE)πŸ›’Oil (4H): SHORT to support area of 61.937 (Fibo lvl).
βž–βž–βž–βž–βž–βž–βž–βž–βž–
➑️The price has reached half of the target, and I recommend setting trades to breakeven.
The priority now is to update the 63.354 level β€” continuation of the impulse movement in wave β€œ3”.
 

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#GOLD
πŸ””(UPDATE)πŸ₯‡ GOLD (4H): LONG to resistance area of 3448 (Wave 3).
βž–βž–βž–βž–βž–βž–βž–βž–βž–
➑️After 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 β€œ3” and, after updating the 3407 level, I think that the target will be reached quickly.
 

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