Hellena | DJI (4H): Long to target is the area of 39297.

Dear colleagues, despite the fact that the price is in a downward movement, I believe that the five-wave movement has not been completed. I expect that the price will not update the minimum of wave 4 38463, but will approach it, and then the upward movement in wave 5 will begin. The nearest target is the area of 39297.

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

Comment:

It is likely that the price will not approach the 38463 support area. At the moment we observe a combined zigzag in wave 5.

Comment:

Dear colleagues, there is not much left to the target, so I recommend to set trades to breakeven or close part of positions!

Trade closed: target reached:

Well done!