The currency took a new path after breaking the trend. We are waiting to retest the trend at 0.055, as there is FVG in this area. Our goal in this currency is 500% as the first goal, and the goals occur according to the behavior of the currency
The currency will witness a significant rise on the weekly interval because it has reached oversold levels and is now below its fair price. The bullish wave is targeting record numbers.
As you notice on the chart, there is an impulse wave consisting of the first, second, third, and fourth waves, which have now ended. ABC will now begin to rise to complete the fifth wave, in addition to the formation of a positive head and shoulders pattern.
