The currency executed three downward waves and hit a consolidation range for a long time. It is possible that if it breaks the convergence range upwards, it will go to the shaded area and authorize a consolidation.
Note: The analysis fails by closing below the bandwidth
Note: The analysis fails by closing below the bandwidth
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The 10-day candle shows a strong negative reaction, which makes the analysis invalid, and we go to the previous analysis, which is bearish
