Hellena | SPX500 (4H): Long to resistance area 5407.

2024年8月5日

Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.

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

2024年8月6日

註釋

Colleagues, I believe that the low of 5096 is unlikely to be updated. At the moment the price is in a strong area and I consider only long positions.

2024年8月7日

註釋

On this instrument the situation and my opinion is similar to the DOW index. The price has not updated the minimum and I believe that the price is starting an upward movement in a five-wave structure. At the moment I expect a small wave "2" and then "3".

2024年8月9日

註釋

Colleagues, the price made a local high at 5335.
I assume that further upward movement will continue, but I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

2024年8月12日

交易進行

Colleagues, the price has almost reached the target, so I strongly recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

At the beginning of this week I would consider a small correction to the 5280 area, but I still consider an upward movement and reaching the 5407 target.

2024年8月14日

交易結束：目標達成

Colleagues, the price has reached the target! Good job!