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Hellena_Trade

Hellena | EUR/USD (1H): Long to resistance area of 1.10416.

Long
Euro / U.S. Dollar (FX:EURUSD)  
Hellena_Trade Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis hellena hellenatrade Forex forexsignals signalservice wavetheory elliotwaveanalysis Contains image
15
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Dear Colleagues, I suppose that price has formed corrective wave 4 and is starting the impulsive movement of wave 5. I see the first resistance area on the way of wave 5 - the area of 1.10416. This is the area that can affect the price movement.

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Comment:
Dear colleagues, SL has not been reached yet, but I suppose that the target should be moved a bit closer, namely to the area of 38.2% Fibonacci level 1.10000.
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Trade closed: target reached:
Well done!
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