Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.745 to 1.605). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (1.745)
• Ending of entry zone (1.605)

Midterm forecast:

• While the price is above the support 12.009, continuation of uptrend is expected.
• We make sure when the resistance at 20.595 breaks.
• If the support at 12.009 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

• A trough is formed in daily chart at 9.610 on 03/14/2022, so more gains to resistance(s) 15.228, 17.814, 19.011 and maximum to Major Resistance (20.595) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 48.

Take Profits:

1. 2.110
2. 2.395
3. 2.675
4. 3.630
5. 4.475
6. 5.595
7. 7.365