Hellena | EUR/USD (4H): Short to 61.8% -78.6% Fibo lvl`s.

Dear Colleagues. Attention! At the moment, the most important thing is to determine when wave 5 will end. Very soon I expect a strong reversal and the beginning of an upward movement. Now I assume that the price will reverse in the range of 61.8% -78.6% Fibonacci extension levels (1.05536 - 1.06259). Carefully follow the forecast update, the reversal can happen at any moment!

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Note

At the beginning of the week the price did not show significant growth, which tells us about a probable decline starting from today.

Note

It is quite possible that now there will be a small correction, after which the price will update the minimum. But there is a high probability that the price is already making a reversal. In any case, the price is in the range of closing short positions and the most courageous can wait for the update of the minimum, and the most conservative I advise to close positions.

Note

Dear colleagues, I believe it is necessary to wait until the end of the week. We will understand the mood of the price, because there is a probability that the minimum will be updated. In any case, all short positions are closed and we have taken our profit.

Note

I did not close all short positions at the end of last week, because I believe that the price will go much lower at the beginning of the coming week. In any case, I recommend to close some short positions, because the price is in the danger zone.

Note

Well done!

Trade closed: target reached

Hellena_Trade

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Hellena_Trade

✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader

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