Hellena | GOLD (4H): Short to support area of 2100.
Dear Colleagues, the price is showing a strong upward movement and I saw a five-wave structure. Now wave 3 is coming to an end and I expect a correction in the form of wave 4. I expect the price to reach at least the support area of 2100.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Komentarz:
I suppose that the price has completed the ascending wave 3 and I expect a correction in wave 4. At the moment the price has formed a "Pin-Bar" pattern, which reinforces my forecast.