Hellena | SPX500 (4H): LONG to resistance area 6104 (Wave 3).

1月20日

Colleagues, I see that the price has completed wave “4” and is now forming wave “5” of the higher order.
I believe that the price may go into correction in the lower wave “2” to the area of 50% Fibonacci level 5896.9, after which I expect the upward movement to continue to the resistance area 6104.
The upward movement is the priority, so I warn that the price may just continue to move upward, updating the wave “1”.

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

1月21日

注释

The price did not make any serious movements during the day, so I stick to the previous plan.
Although a sharp bounce from the level of 5965 is a bit alarming. It may be a signal that the price will continue its upward movement.

1月22日

交易开始

Friends, the price started immediately upward movement and continued the wave “1”.
But I assume that correction is still possible, because wave “2” should happen.
In any case, I recommend that trades should be set trades to breakeven.

1月23日

交易结束：到达目标

The price has reached the target without correction and it means that the price has updated the maximum of wave “1” and soon the correction in wave “2” will start.