In the previous analysis, the target was touched twice.
Now, in 15 minutes time, we are dealing with a channelized environment above a fractal, which had a positive reaction when dealing with the bottom of the range of 0.70019, now we expect to reach the trend line 2 of the range of 0.70864.
After that, there are 2 scenarios:
1- Reaching trend line 2, formation of negative divergence and reduction in the form of a correction and breaking of trend line 2 and obtaining 2 targets of 0.71159 and 0.71306
2- Reaching trend line 2 of zigzag formation and decreasing to two specified ranges of 0.70484 and 0.70348
Now, in 15 minutes time, we are dealing with a channelized environment above a fractal, which had a positive reaction when dealing with the bottom of the range of 0.70019, now we expect to reach the trend line 2 of the range of 0.70864.
After that, there are 2 scenarios:
1- Reaching trend line 2, formation of negative divergence and reduction in the form of a correction and breaking of trend line 2 and obtaining 2 targets of 0.71159 and 0.71306
2- Reaching trend line 2 of zigzag formation and decreasing to two specified ranges of 0.70484 and 0.70348
