Hellena | GOLD (4H): SHORT to 50% Fibo lvl 2655.

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Colleagues, I believe that wave “3” of the higher order is developing quite actively, but I expect a correction in wave “2” of the middle order.
I believe that the price will reach the area of 50% Fibonacci level 2655 or earlier. We should be careful, because the price may stop at the 38.2% Fibonacci level. Around this area I should set trades to breakeven.

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

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Zlecenie aktywne

Colleagues, the price has reached the area of 2726, which may mean that wave “1” is finishing its development and I expect the beginning of correction.
From now on I am considering only short positions.
The minimum target is the level of 2672.

21 godzin temu

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Colleagues, the price has started an upward movement, continuing the wave “1”. This means that wave “2” will take place a little later and may not reach the 2655 area.
The most important thing in trading is to reduce risks. Therefore, I recommend to wait until the price starts a downward movement and close the trade with zero profit in the area of 2726.
Although I think the price is capable of reaching the 2700 level.