

The analysis of the D1 timeframe shows that after a strong downward movement, a full upward pullback has started, and at the moment this pullback has reached its peak between the Fibonacci levels of 1.618 and 0.786. This fact indicates that although the upward movement is in 5 waves, it is still within the standard pullback parameters. At the peak of this pullback, there is a divergence PB pattern being worked out, and currently the second part of this pattern is unfolding - the Last spurt. Although the last D1 candle has a bearish body and resembles a reversal candlestick pattern "falling star", its low and high are higher than the previous one, and there is no signal to stop the upward movement on the D1 timeframe yet. This fact suggests that the price could very well make a downward move towards the D1 flat support at 1.3414. This is my assumption, we will see how it plays out in reality.