Dear colleagues, I assume that the price is completing the impulse wave 3. I think that the nearest target at reaching 100% Fibonacci extension level 1.06496.
Comment:
Dear colleagues, I assume that a small correction is possible, after which I expect the downward movement to continue.
Comment:
Dear colleagues, the previous target of 1.06496 remains in priority. I believe that the price will reach the target in the coming week. Perhaps before that, the price will go for a small correction.
Comment:
I'm only considering short positions. I believe that the downward movement to the target has already started!
Comment:
Well done!
Trade closed: target reached