50% of the previous wave has corrected in hourly time and now it can have a short correction to the specified area and then continue until 61.8 fibo.
It seems to have completed the cycle. It can have two movements to continue correction. If confirmed, the sell position can be entered up to the green area and the specified profit limit.
The current correction is a response to the trend of the first wave, which returned in the golden zone, and now the first microwave is completed and it is completing the second microwave, which if it completes the correction in the first box or up to 50% Fibo, it can complete the third wave. Continue to the specified areas.
Waiting for confirmation in case of pullback and return confirmation, you enter the purchase transaction in the weekly time for the specified areas.
Keep an eye on it, if the resistance of 13.43 is not broken and it is confirmed below the range, you can enter into a sell transaction.
In the 4-hour timeframe, it is moving in an upward channel, which can have a correction to the specified support area to continue the trend. Currently, we can see the reaction of the currency up to the red area. If there is a reaction and the correction continues until the specified area and confirmation of the return, the long transaction is entered.
There is a possibility of forming a downward pattern. Therefore, for now, we should wait for the confirmation of the candle under the area, and then enter the position of the cell.