Acquisition Update – 15 Minute Frame

The movement on the 15-minute frame has been updated, and the most likely scenario currently is the continuation of the consolidation phase within a downward trend.

The term “consolidation” has been mentioned twice on purpose, as we are not talking about traditional support, but rather a temporary price stability within an ongoing downtrend.

The price has not shown any real intention to rise further yet, and what is happening is merely a re-centering within a narrow range.

Given this information, dealing with the current situation requires caution, and the bullish scenario is unlikely until we see a clear breakout.

The update for the other currencies is ongoing, God willing.