Hellena | SPX500 (4H): LONG to resistance area of 5682.

Colleagues, I think that the deep downward movement is over and at the moment I expect an upward movement in a five-wave impulse. At the moment I expect a correction in wave “2” to the area of 5100, after which I expect the development of wave “3” at least to the resistance area of 5682.
There are two possible ways to enter the position:
1) Market entry
2) Pending Limit Orders.

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

交易進行

The price has reached and pushed away from the 5125 support area and at the moment I see an upward movement developing.
Pay attention to the formed gap. I expect a small correction and then a continuation of the upward movement.
It is necessary to reach the 5500 area to should set trades to breakeven.

註釋

Colleagues, the price has updated the level of 5498 and it means that after a small correction I expect the continuation of the movement to the target of 5682.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

交易結束：目標達成

Well done!