Hellena | EUR/USD (4H): Short to 100% Fibo extension 1.05684.

Dear Colleagues, Last week the price fell a lot, which prompted me to revise my wave analysis. Now the price is in a prolonged and complex correction, so I believe that the price will reach the area of 100% Fibonacci extension 1.05684. This will be the completion of small wave "c".

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

Comment:

The price made a small correction, then continued its downward movement. I expect the price to reach the target today! Don't forget to set your trades to breakeven.

Comment:

Dear Colleagues, the price continues downward movement and I expect an update of the local low of 1.06019. Wave "c" is expected at the previous target of 1.05684.

Comment:

Dear colleagues, from now on I consider only short positions. The price has reached the area of 1.06781, which means that there is one wave left to complete wave "c".

Comment:

Colleagues, price has not yet updated the low of 1.06019, but I think it will do so for the current day. In any case, I expect the scenario to continue.

Comment:

Colleagues, I expect the downtrend to continue in the coming week. Perhaps the price will start a downward movement from the opening without updating the maximum of 1.06900.