Hellena | EUR/USD (4H): Short to support area 1.04000.

18. Nov.

Colleagues, in the coming week I predict a continuation of the downward movement, because wave “C” is not yet completed.
I believe that the price will reach the support area of 1.04000, because it is a strong psychological level.
Now we should be very careful, because after the completion of wave “C” I expect the beginning of the upward movement.

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

19. Nov.

Trade ist aktiv

The price has reached the level of 1.06000. This means that from now on I am considering only short positions.
Wave 4 should end somewhere in this area.

20. Nov.

Anmerkung

I still believe that wave “4” is almost or already over and consider only short positions.

21. Nov.

Anmerkung

Colleagues, the price has shown a bullish sentiment over the past 24 hours.
The price went down to the level of 1.05085, but did not renew the local low of 1.04952.
A sure sign that the downward movement will continue will be the update of 1.04952.

22. Nov.

Anmerkung

The 1.04952 level has been broken and now I believe the 1.04000 target will be reached.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

25. Nov.

Trade geschlossen: Ziel wurde erreicht

Well done!