The 1-hour time frame is completing a full cycle, which is currently in the 4th correction cycle. After completing this correction, it can complete the 5 ascending wave up to the specified area.
There is a bullish fork and a channelized corrective wave 2, which considered the fork trigger line as support for the bullish wave 3 up to the specified area.
At the end of the rising wedege pattern, it breaks the upward trend line and can have a short reversal to continue the downward trend.
You should wait for the break of the downward trend and a pullback to the 2.25 range for the target of the previous price range.
In continuation of the previous post, we entered the short position, A head and shoulders pattern is forming in the demand zone. It is possible to wait for the formation of shoulders and neck, and after breaking the channel and pullback, enter the long position to the supply area to the trigger line.
At the end of the diagonal ending pattern, it can have a path like the one specified for the descending target, and then continue the upward trend up to 1.24 units.
We can wait for the exit from the corrective channel of wave 2 for wave 3 to rise to the 0.58 area, which can continue.