Hellena | EUR/USD (4H): Long to the resistance area 1.09003.

Dear colleagues, I suppose that the price will make a correction of wave 2 to the area of 50% - 61.8% Fibonacci levels 1.07829, after which I expect an upward movement to the resistance area 1.09003.

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

Comment:

Colleagues, the price has obviously started moving in wave "2". I assume that the price will reach the support area! Be careful, I recommend to work with pending orders with long positions.

Comment:

Colleagues, I suppose that wave 2 has completed its movement and I expect the scenario to end in the resistance area at 1.09003. Don't forget to set trades to breakeven!

Comment:

A slight correction to the 1.08400 area is possible, but I only consider long positions to the 1.09000 area. Do not forget to set trades to breakeven.

Comment:

Colleagues, yesterday the price almost reached the target. If anyone closed long positions, congratulations! If not, there is a high probability of correction to the area of 1.08360, then I expect the resumption of upward movement with the goal to reach the area of 1.09000.