It is very likely that the first wave is ending in the range of 1.2053, and its retracement is going to finish in the range of 1.2189. If the price crosses the range of 1.2076, a sharp downtrend in wave 3 will be confirmed.
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.