Hellena_Trade的OANDA:SPX500USD的Hellena | SPX500 (4H): LONG to the area of 6136.8 (Wave 3).

Hellena | SPX500 (4H): LONG to the area of 6136.8 (Wave 3).

Colleagues, I believe that wave “2” has completed its development and now I expect the upward movement to continue in wave ‘3’, which should break the maximum of wave “1”.
So far, I set the target as a minimum in the area of 6136.8.

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

註釋

Today there are no special changes and I still expect the upward movement to continue.
The first thing to do is to renew the local maximum at 6044.

交易進行

The price actively continues the upward movement I expect a small correction and then, after updating the level of 6080 I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

註釋

The price has traveled quite a long distance.
I believe that the price will reach its target at the end of this week or the beginning of next week.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

註釋

The correction continued, but a small gap was formed, which has already closed.
This week I believe that the upward movement to the target will continue, so I do not advise short positions.

註釋

Colleagues, it is likely that price will make a deeper correction to the uptrend line. At this point, as usual, I recommend that trades should be set trades to breakeven.
The upward movement is still a priority.