The wave pattern for this trading pair has undergone some changes. Previously, it was предполагаемое that the diagonal triangle was already complete. However, the current situation indicates that this pattern is still forming. It appears that wave 1 was incorrectly identified, causing the разметка to shift one step to the right.
Over the next trading day, continued growth is expected, though the movement’s potential is limited. The target lies at the upper boundary of the pattern. After reaching this level, a corrective decline is anticipated.
This downward movement should be considered for trading opportunities. Short-term buy entries to capture the remaining part of the формирующейся wave 5 can also be considered.
Investment idea: BUY 1.1705, SL 1.1690, TP 1.1760.
Origin: FreshForex
