Hellena | SPX500 (4H): Short to support area 5718 (Wave C).

23 Ara 2024

Dear colleagues, I believe that the downward movement will continue within the correction (A B C). I expect wave “C” to start moving very soon.
I think that the nearest target is the area of 5718 level, because there is a strong support area.

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

26 Ara 2024

İşlem aktif

Dear colleagues, the price has reached the area of wave “B” and now I count only on short positions in the direction of the target 5718.

30 Ara 2024

Not

Colleagues, the price started a downward movement and now I believe that the top of wave “B” has been formed.
Further I expect the continuation of the downward movement in wave “C”. Quite a strong level 5943 should be broken.

2 Oca

Not

Colleagues, price is actively following the script and I believe that the downward movement will continue, but a correction is possible, which may give a chance for profitable short positions.
I think that after updating the level of 5871, we can consider transferring the trade to breakeven.

3 Oca

Not

Friends, the price has broken the 5871 level and now I believe that trades should be set trades to breakeven.
In the future I expect the price to continue to decline with a break of 5820.5 level.

7 Oca

Not

Colleagues, the price has reached the 6000 level area.
Well, this means that the combined correction continues, but I believe that the downward movement will continue and the price gives us a chance to go short.

10 Oca

Not

Colleagues, you may be wondering why I haven't canceled this forecast yet. But it is still active and moreover - it is profitable. we had 2 chances to go short.
At the moment I expect the price to continue its downward movement. The most important thing is to break the nearest local low 5824, after that I am sure that the scenario will end.

13 Oca

İşlem kapandı: hedefe ulaştı

Colleagues, the price has broken the 5822 level and continues its downward movement. At this stage, we have already received a good profit and it makes sense that we should set trades to breakeven or close some of the trades with a profit.