The price is set to surge as weplanned before (see related ideas).
The price is forming the flag after completion of the 5 wave movement. So let's see how it is going to develop.
The price has faced the support level on D1 so let's see how it will develop.
We can see the flag on the chart which usually indicates the continuation of the previous movement. But let's not forget about the flip side of the market as well.
Looks bearish but always remember about the flip side of the market.
I'm bearish on this pair. But there is always another side so these are some of the options I see.
Two possible situations we can see in the nearest term. But I tend to the bullish variant more. What about you?