Trading suggestion:

• By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

Midterm forecast:

• While the price is above the support 125.093, continuation of uptrend is expected.
• We make sure when the resistance at 135.000 breaks.
• If the support at 125.093 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

• While the RSI uptrend #1 is not broken, bullish wave in price would continue.
• A peak is formed in daily chart at 131.250 on 04/28/2022, so more losses to support(s) 129.978, 127.500, 125.800 and minimum to Major Support (125.093) is expected.
• Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
• Relative strength index (RSI) is 69.

Supports and Resistances:

1. 135.000
2. 131.244
3. 127.500
4. 125.093
5. 123.500
6. 121.271
7. 116.370