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The currency pair made the adjustment I expected, but its course was slightly different than planned. The gradual weakening of the dollar against most currencies resulted in uncertainty in relation to the continuation of gains. Looking at the observed currency pairs, you can see that almost all of them are in strategic places where a rebound is very likely, and in fact already taking place. It is only in these movements that I miss a wider range of price volatility.
The discussed currency pair broke above the support, thanks to which we have a positive impulse, but with a long position I will wait for a correction and the first reaction. I am of the opinion that sometimes it is better not to enter into a transaction and regret a bit than to enter and lose. In the second image I have marked a price point which, when it reaches, will give a clear signal that the trend has reversed because the price is still moving in a downturn wedge.
