Hellena | SPX500 (4H): Long to 161.8% Fibo lvl 5684.2.

8 Jul 2024

Dear colleagues, I assume that the price will continue the upward movement. A small correction is possible, but the wave "1" of medium order should be completed.
I assume that it will end at 161.8% extension of Fibonacci level 5684.2.

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

9 Jul 2024

Nota

The price continued its upward movement, but at this stage there is an option of risky entry into a long position - market entry.
But there is a more conservative option - to wait for correction to 5507.4 area.

10 Jul 2024

Nota

Price is in an uptrend, but I am still hoping for a correction to the 5507 area, maybe even a little lower. So I advise to refrain from long positions for now.

12 Jul 2024

Nota

Colleagues, the price has almost reached the target, now it is in a small correction. Apparently, the price continued the upward movement in the wave "1" of the higher order. Therefore, the big correction will still take place, but for now I expect the price in the area of 5684.

16 Jul 2024

Dagangan ditutup: sasaran tercapai

Well done!