Hellena | DJI (4H): Long (update the top of wave 3 39980).

Dear colleagues, I suppose that the upward movement is not over yet! Price is in the upward impulse of wave 3 of higher order and wave 5 of lower order.
I expect the completion of wave 4 of lower order in the support area of 39340, then the upward movement, which will update the top of wave 3 of lower order in the area of 39980.

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

Comment:

Dear colleagues, the price has reached the support area 39340. I suppose that the price can still update the low a bit, but from now on I consider only long positions.

Comment:

Colleagues, the price has gone most of the way to the target and is now at 39765. I suppose that by the end of the week the price may reach the target! Don't forget to set trades to breakeven!

Comment:

Colleagues, the price has almost reached the target and I suppose it is worth closing the position before the end of the trading week if it is near the target 39980.
In any case, I will not get tired of repeating - I recommend to set trades to breakeven!

Trade closed: target reached:

Dear colleagues, I did not have time to close positions at the end of the week. At the market opening I assume to close long positions with a good profit, because correction is possible and then we will be able to consider long positions again. So I mark the idea as worked out at the level of 39822.