While we stay above 1.1287 there is a possibility of a higher prices in line with E.W. theory. inputs - break lower then 1.1287 will start a new leg lower.
Where could there be a mistake of this count? The mistake could be in the decision to trade too early. The thing is that the price hasn't yet gone above the 1.1362 level and hasn't reached the local high around 1.1396... until then it's more of a mind game than a calculation. Therefore, it is necessary to play the game with the market makers according to this plan starting from the level of 1.1396 and only if you are not in the position already. If you buy or sell too early you need to handle a huge stop, but main trend on a higher tf's is still to the downside. Core short preferred.
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
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Frankly the rarest kind of flat, but market makers so sly now days. This is corrective pattern and I expect the price to fall south in coming days. TSTW.
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Watching 1.1331 also as it is a critical level for north developments.