Hellena | DJI (4H): Long to wave 1 top area 39275.89.

Dear colleagues, the price has made wave 2 and now I expect the beginning of the movement in wave 3. I assume that the price will rise to the target of the wave 1 top area 39275.89. This is the first minimum target for wave 3.

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

Comment:

Dear colleagues, perhaps the price will not test the support area 38435 and will continue the upward movement, but I recommend to consider only long positions.

Comment:

Dear Colleagues, in the coming week I assume continuation of the upward movement to the target of 39275.89. At the moment, a "Pin-Bar" pattern has formed on the chart and it may mean that the price will test the support area of 38435 again.
Be careful and stick to fixed risks.

Comment:

The price tested the support area of 38435. At the moment I consider the continuation of the upward movement to the targets!

Comment:

I expect a continuation of the upward movement to the target. The price has gone most of the way, so I recommend to set trades to breakeven.

Trade closed: target reached:

Well done!