Following our successful sell trade, we've hit the third target at 1.6260. Now, we’re positioning ourselves for a rally to the upside. This setup aligns with a demand level and a liquidity sweep around 1.2642, along with wave formation analysis suggesting we're on track for the fifth wave – potentially the final rally before a significant drop projected in 2025.
Price is currently holding at a discount level, giving us an optimal entry point. We're targeting a move of approximately 600 pips, with the first target at 1.6595.
Stay tuned for updates on this setup, and remember: patience is part of the strategy.
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