(UPDATE) Oil (4H): Long to resistance area of 87.47. ➡️Colleagues, still waiting for confirmation of the upward movement. To do this, the price needs to reach the local high of 85.55. So far there is a probability of reaching the area of 80.22. We may see a double zig-zag.
EUR/USD (4H): Long to resistance area of 1.07923. ➡️Dear Colleagues, I suppose that the price has completed the correction and is now in an impulsive movement. Presumably in wave “3”, which means that the upward movement will continue. A small correction to the support area of 1.06595 is possible, then I expect the price in the resistance area of 1.07923.
(UPDATE) GOLD (4H): Long to resistance area of 2358.71. ➡️Dear colleagues, as long as the level of 2331 is not updated, there is a probability of an update of wave “c” (2281). Now I expect a small correction and hope that the update of the low will not take place.
Of course not. And even if she did, she still wouldn't need to disclose anything. I was just trying to help her out and generate a little interest in her journal. It seems to have worked (temporarily at least).
(UPDATE) DJI (4H): Long to the resistance area 39156.49. ➡️Dear Colleagues, Price has reached the support area 37914. From now on, I consider only long positions to the 39156 area.
(UPDATE) Oil (4H): Long to resistance area of 87.47. ➡️Colleagues, at the end of the week the price continued its upward movement, but the level of 85.55 was not updated, which means that there is a risk of updating the low of wave “4”. In this regard, I recommend to set trade to breakeven. (Breakeven=Risk Free: Move Stop loss to the entry level).
(UPDATE) EUR/USD (4H): Long to resistance area of 1.07923. ➡️Colleagues, the price is quite confidently going to the target 1.07923. I assume a small correction and continuation of the upward movement. I recommend to set trade to breakeven. (Breakeven=Risk Free: Move Stop loss to the entry level).
(UPDATE) GOLD (4H): Long to resistance area of 2358.71. ➡️Colleagues, the price has almost reached the target range, but I assume a small correction to the area of 2320, then the continuation of the upward movement. I recommend to set trade to breakeven. (Breakeven=Risk Free: Move Stop loss to the entry level).
A couple questions if I may. Eliot wave has caught my interest as an additional tool for my tool box. When you say "Long to the resistance area 39156.49." Where exactly are you long and why there? Are you recommending going long at the open of the next bar?