Get started
Hellena_Trade

Hellena | GBP/USD (4H): Short to strong support 1.23974.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Hellena_Trade Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD hellena hellenatrade Forex forexsignals signalservice wavetheory elliottwaveforecasts Contains image
43
29
trendanalysis chartpattern waveanalysis gbpusd hellena hellenatrade forex forexsignals signalservice wavetheory elliottwaveforecasts containsimage
Dear colleagues, we have 2 event scenarios in front of us, but with one final target in the support area at 1.23974. If the price immediately reaches the target, it will be the end of wave 3. But if we see a correction, it means that wave 3 is already formed and we are looking for a short entry with wave 5.

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

Comment:
Dear colleagues, the previous target of 1.23974 remains in priority. I believe that in the coming week the price can still rise to the resistance area, after which it will go down to the target!
Comment:
I'm only considering short positions. I believe that the downward movement to the target has already started!
Comment:
Price almost reached the target yesterday, but I still expect a resumption of the downward movement. Don't forget to put your trades to breakeven!
Comment:
Well done!
snapshot
Trade closed: target reached
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
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.