When we look at the weekly chart, it is still in the , and the uptrend it catches since the end of May looks like the reaction within this channel. Likewise, an upward trend has started on the side, but it has not yet broken the long downtrend. Moving average showed a reaction, but it's still below the middle band.
When we come to the ; With the downtrend started in March, the uptrend started in late May seems to have formed a triangle, and it looks like there might be a hard upward or downward movement in a week or two. The bounced back from the resistance of the March downtrend and broke down uptrend support. has also started to show a decline. A single indactor left which is Moving Average indicator is still above the middle band, with its break (the Moving Average on the 4-hour chart broke the middle band). If the triangle is broken down, the targets will be 1.13 and 1.06. Below 1.06 is completely empty. This downward trend is expected to be completed for medium and long term purchases. In the short term, experienced friends in the stock market may see more trading opportunities.