In the daily chart, the downtrend has ended in the range of 109.21 and the price has completed the first 5 wave in the range of 137.50.
The downtrend in the B / 2 wave with a form of 3 structure and the Ending Diagonal pattern has been completed in the range of 114.42.
Then the first wave from point C / 3 is completed and its corrective movement has ended in the range of 121.61 and 3rd wave from this point has started.
Currently, we can have a buy order on this currency with a loss limit in the range of 119.50 and the first target can be 133.07. which is too long-term target.
The downtrend in the B / 2 wave with a form of 3 structure and the Ending Diagonal pattern has been completed in the range of 114.42.
Then the first wave from point C / 3 is completed and its corrective movement has ended in the range of 121.61 and 3rd wave from this point has started.
Currently, we can have a buy order on this currency with a loss limit in the range of 119.50 and the first target can be 133.07. which is too long-term target.
Order cancelled
Scenario changed
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.