Hellena | GOLD (4H): Long to resistance area of 2646.

18 Nov

Dear colleagues, I believe that the price will complete the correction very soon and the upward movement will start.
I think that wave “C” is almost complete. The support area is quite wide (2512), because it is from these levels we should make a conservative entry into a long position.

But there is a possibility that the price has completed wave “C” at 2537. In this case, the upward movement has already started.

I am still inclined to the fact that the price will renew the minimum, but the target in any case is the resistance area of 2646.

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

19 Nov

Dagangan aktif

Despite the fact that the price has started an upward movement, I believe that a downward movement is still possible. Even if the price reaches the target of 2645, I can assume that the low will still be updated.
For anyone who went long in a risky scenario I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

20 Nov

Dagangan ditutup: sasaran tercapai

Well, it looks like wave “C” is complete and those who took advantage of the risky entry into the position have earned!)