Hellena | EUR/USD (1H): Long to 50% Fibo 1.09204.

Dear colleagues, the price has safely reached the support area and formed wave 3. At the moment it is possible to update the minimum in the area of 1.08599, after which I expect the beginning of corrective wave 4 with the goal to reach 50% Fibonacci level in the area of 1.09204.

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

Comment:

Dear Colleagues, the price has passed more than halfway to the target. At this level 1.08953 I advise to close part of positions or transfer the deal to breakeven.

Comment:

Dear Colleagues, the price is confidently going our target and is currently at 1.08971. In the coming week, I recommend to closely monitor the price behavior. It is quite possible that the price may react to the nearest local high of 1.09066. At this level you should be careful and close the position or move it to breakeven.

Trade closed: target reached:

Well done! Dear colleagues, I am closing the position due to the high probability of price reversal.