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.
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