After completing its motive 1-5 wave pattern upwards, the pair has initiated a correction phase. We are currently observing the development of the C wave in this correction. Upon the completion of this C wave, I anticipate a bullish movement aimed at filling the existing market gap. Once the gap is filled, I expect a reversal, providing a potential sell opportunity.
Note
You can see the previous analysis here: 
Note
Target reached and trade closed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.