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Hellena

Hellena | GOLD (4H): LONG to support area of 3950.had to revise the vision of this upward movement a little bit. Because there was no deep correction, I think that the ascending wave “3” (blue) is now completed. Earlier I thought it was completed, but we didn't see the “4” correction. At this point, I think that the price will reach the resistance area of 3950, completing either the continued wave “3”, or after the correction of 3791, the wave “5” will be completed. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
21
Hellena | EUR/USD (4H): LONG to the resistance area 1.18726.In the coming week, I'm hoping for a continued upward movement, so I decided to update the forecast. If everything goes according to plan, the price is currently starting an upward movement in the wave “3” of the middle order. I believe that the price is quite capable of reaching the resistance area at 1.18726. Despite the fact that the top of wave “1” is likely to be updated - I would still prefer a target somewhat more reliable and closer. Fundamental context Lately, U.S. data keeps showing signs of slowdown — especially in the labor market. The latest ADP report came out negative, and forecasts for NFP remain weak, around +50K. That eases pressure on the Fed and slightly weakens the dollar. In Europe, inflation picked up to 2.2%, which is above the ECB’s target. It means the central bank has no reason to rush with rate cuts — giving the euro some fundamental support. So overall, the background fits well with my technical outlook: the dollar is losing momentum, and EUR/USD might continue higher in wave “3”, targeting the resistance zone near 1.1872.
Long
by Hellena_Trade
2
Hellena | Oil (4H): SHORT to support area of 60 (Wave 3).The price is still not reaching the target of 60. I decided to make a new forecast, slightly changing the labeling of waves, or rather their importance. At this stage, as before, I think that the price will reach the area of the level 60 in the middle wave “3”. This movement is the development of the big corrective wave “C”. In general, the plan remains the same. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
25
Hellena | GOLD (4H): LONG to support area of 3800.Dear colleagues, the last forecast is canceled, but I recommended that trades should be set trades to breakeven because there is a high probability of wave “3” extension. It looks like the upward impulse is still not over and I expect the final formation of wave “5” to the 3800 area. Yes - this target is quite close, but now it makes no sense to make a long forecast with a correction in wave “2” of higher order (red). As soon as I get confirmation that the correction in wave “2” has started - I will make a forecast with more points. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
35
Hellena | EUR/USD (4H): LONG to the resistance area 1.18935.We did pretty well last week and I was waiting for the correction to show us its movement in wave “4”. Now I believe that the correction is coming to an end and I expect the upward movement to continue in wave “5”. I think that we will target the resistance area at 1.18935. Fundamentals: Euro is supported by stable inflation in the Euro area at 2.0% YoY in August, while in Germany it ticked slightly higher to 2.2%. Meanwhile, the U.S. Dollar Index (DXY) trades around 97.77, showing that dollar pressure hasn’t intensified. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
25
Hellena | SPX500 (4H): SHORT to support area of 6550.Colleagues, I am not much of a correction trader, but I have to share my opinion that the upward impulse has almost formed wave “5” and now it would still be logical to expect a correction. I believe that first the price will update the local maximum in the resistance area of 6759, then we will see a correction in wave “4”, which I expect to see at least in the support area of 6550. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDShort
by Hellena_Trade
5
Hellena | SPX500 (4H): LONG to resistance area of 6700.Colleagues, I think we should expect the upward movement to continue. The upward impulse is not over yet, but I think we may see a correction to the 6500 area, then I expect the upward movement to continue to the 6700 area, which is a pretty strong psychological level and is the area of 50% levels of Fibonacci extension. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
22
Hellena | GOLD (4H): SHORT to support area of 3558.Colleagues, gold is in an active upward impulse of big wave “1” and if until now I was only talking about long positions, now it is time to think about the correction in wave “2”. Wave “1” (red) consists of five waves and, to all appearances, wave “5” (blue) has either completed or is about to complete. This means that I expect a corrective movement to the 3558 support area. I believe that this is the minimum retracement level, and the price may reach lower values, but we will work for the result, which we will achieve soon. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
26
Hellena | EUR/USD (4H): LONG to the resistance area 1.18500.Dear colleagues, the upward movement is not over yet and I think wave “3” is not over yet. At this stage, I believe that the correction has already taken place or will soon end in the support area of 1.16573, then I expect the upward movement to continue to the resistance area of 1.18500. This is a pretty strong area, as this is where the high of the big wave “3” (Red) is located. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
23
Hellena | SPX500 (4H): LONG to resistance area of 6600.Colleagues, the main idea is still the upward movement in the impulse of the middle wave “5”. Wave “4” is likely to take place, because the bulls need to gain strength to update the local maximum of 6512. The most important thing here is that the target of 6600 is a round number, which is quite attractive for buyers and limit sellers. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
17
Hellena | EUR/USD (4H): LONG to the resistance area 1.17800.Colleagues, I thought I'd update the forecast a bit. The target remains almost the same, but the wave layout has changed slightly. I believe that at the moment the development of wave “5” of the higher order and wave “3” of the lower wave is underway. Therefore, I still consider the area of 1.15765 as a support area and the area of 1.17800 as a target area. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
32
Hellena | GOLD (4H): LONG to resistance area of 3540.Colleagues, the forecast for an upward impulse has been confirmed and now I think that wave “3” is complete and I expect a correction in wave ‘4’ in the area of 3445 and then a continuation of the upward movement in the final wave “5”, which may meet resistance at the important level of 3540. The most interesting thing is that if this is what happens - it would mean that there is a pretty strong correction ahead, after the execution of the scenario, and then a continuation of the upward movement, but we will talk about these plans later. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
18
Hellena | GOLD (4H): LONG to resistance area of 3460.Dear colleagues, the idea is generally simple and clear. In the upward movement of waves “3”, “4”, “5” the price should update the maximum of waves ‘D’ and “B” 3448.87. This means that we should expect the price in the area of 3460. The target is quite close and I think there is reason to believe that it will be reached next week. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
9
Hellena | SPX500 (4H): LONG to resistance area of 6596 .Dear colleagues, I haven't made a forecast for the SNP500 in a long time and was waiting for a correction, but it seems that a major correction is not yet close, and at the moment the price continues to be in an upward five-wave movement. Therefore, I believe that we should expect to reach the 6596 area, which will mark the end of the medium-term wave “3.” The corrections are not very deep at the moment, but the price may reach the 6317 area before continuing its upward movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
15
Hellena | GOLD (4H): LONG to resistance area of 3400 (Wave 3).I am updating my idea because I have a certain vision of the situation, like the diagonal “ABCDE”, in which the movement has already ended. It is quite remarkable that this scenario, like the previous one, envisages a continuation of the upward movement. Therefore, I am considering a small correction to the 3300 area (wave “2”), followed by a continuation of the upward movement to the 3400 resistance area. If the price reaches the target immediately, this does not contradict the idea. Therefore, I recommend considering only long positions or limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
15
Hellena | EUR/USD (4H): LONG to the resistance area 1.18098.We are observing the development of a five-wave impulse in the medium-term wave “2”. The small wave “1” appears to be completing its movement, and I expect a correction in wave ‘2’ to the area of 1.15681, followed by a continuation of the upward movement in wave “3”. The minimum target for the movement is the resistance area of 1.18098. I do not rule out the fact that wave “1” is not yet complete, so there is a possibility of the upward movement continuing without correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
15
Hellena | Oil (4H): SHORT to support area of 60 (Wave "3").Wave “C” continues to develop in a five-wave movement. Right now, I think wave “1” has just ended and we will see a small correction to the 66,280 area (wave ‘2’), after which I expect wave “3” to develop, which should go further than the 60 support level, but this is a fairly strong psychological level at which it would be good to take profits. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
7
Hellena | EUR/USD (4H): LONG to the resistance area 1.17578.Colleagues, the price has made a strong downward movement, which can only mean one thing: the correction is not complete. This means that the latest upward movement is wave “1” of medium order. Therefore, I now expect the correction to end in wave “2” at the 50% Fibonacci level and thean upward movement to continue to at least the resistance level of 1.17578. It is quite possible that after updating the level of 1.15570, the price will immediately begin an upward movement — this is a more risky option for entering a position. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
25
Hellena | Oil (4H): SHORT to support area of 61.937 (Fibo lvl).Hello, colleagues! Well, I think that the previous scenario is still relevant and the “ABC” correction is developing according to the scenario. At the moment, I see a five-wave structure in the downward wave “C”. I expect a small correction to the area of 67.287, then a continuation of the downward movement to the area between 61.8% and 100% of the levels of Fibonacci extension - the support area of 61.937. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
16
Hellena | GOLD (4H): LONG to resistance area of 3448 (Wave 3).Dear colleagues, it seems that wave “2” has been formed and now we are seeing the development of wave ‘3’ of the higher order and wave “3” of the middle order. I think we will see an update of the maximum of wave “1” at 3448.90. A slight correction to the support area of 3341.74 is possible, but there is also a possibility of a continuation of the upward movement without correction. The target is the resistance area of 3448. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
19
Hellena | Oil (4H): SHORT to support area of 65.944.Colleagues, I previously recommended moving trades to break-even, and for good reason. It is always necessary to hedge and reduce losses—this is part of professional work. (Breakeven=Risk Free: Move Stop loss to the entry level). The price has nevertheless shown a stronger correction, and I now believe that the medium-term “ABC” waves have not yet formed, nor has the large “Y” wave. This means that I expect the completion of wave “B” and then a continuation of the downward movement in wave “C.” I consider the support area of 65.944 to be the minimum target. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
8
Hellena | GOLD (4H): LONG to area of 3370 (Wave 2).Colleagues, gold is once again disrupting our plans, and I have to revise the wave marking. It's not easy, but the most important thing is to keep doing it. Now I'm back to the previous marking — the price is in wave “2” correction. To complete this wave, the price needs to overcome the level of wave “W” of the middle order 3246.82. Then the correction will be completed and wave “3” will begin an upward movement. I see the minimum target in the area of the 3370 level. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
22
Hellena | GOLD (4H): LONG to resistance area of 3440 (Wave V).As you can see, everything turned out to be more complicated than I had previously thought. We are dealing with a complex correction and a diagonal. I believe that the “ABCDE” waves, which make up the corrective wave “4”, are completing their levels, and I continue to expect the upward movement to continue. The first area I expect is the resistance area of 3440. This will be the beginning of the large upward wave “V.” Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
29