Euro / U.S. Dollar
Long
Updated

Hellena | EUR/USD (4H): impulsive wave 3 (long)

555
Dear colleagues, it is likely that the price is completing corrective wave 2 and soon an impulsive wave 3 will begin. In general, you already understand that I assume only long positions for this pair. The nearest target is at least in the resistance area of 1.12590.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Note
Next week, I expect the price to reach its target.
snapshot
Note
I assume that wave 2 is almost complete. The entry area for trades is 50-61.8% Fibonacci. I am only considering long positions.
snapshot
Note
Dear colleagues, I believe that the price will not fall below 1.10200. Let's continue moving towards the target of 1.2590.
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.