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Hellena_Trade

Hellena | GBP/USD (4H): Long to resistance area at 1.22656.

Long
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 wavetheory signalservice elliottwaveforecasts Contains image
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trendanalysis chartpattern waveanalysis gbpusd hellena hellenatrade forex forexsignals wavetheory signalservice elliottwaveforecasts containsimage
Dear Colleagues, at the moment the price is completing wave 5. It is possible to update the low, so I am marking a wide area for a set of long positions. The nearest target is the resistance area at 1.22656.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment:
I recommend moving trades to breakeven. There is a probability that the price will renew the minimum. If it happens, I will consider only long positions again.
Comment:
The scenario is working out fine, but there is the possibility of a price reversal. I strongly recommend partial closing of orders and transferring trades to breakeven. After updating the maximum, I plan to close the idea early, as it has reached its goals!
snapshot
Trade closed: target reached:
Well done!
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