The high probability (***) of a forecast in the direction of a reversal (alternatively, a deeper correction) is due to the coincidence of all the factors used for the analysis: 1) the correction in the second wave reached the 61.8% Fibo level; 2) a bearish Gartley butterfly formed on the H1-H4 charts; 3) confirming sentiment; 4) there was a rebound from the Murray level [4/8] on the M30 chart. 

The previous forecast with a high degree of probability came true, the pair is still expected to decline further.



Leave a Reply

Main menu
Extra menu