FX.co ★ dusty24 | GBP/USD

The chart shows a downward movement on the daily timeframe. The "5 points 2 targets" pattern is being worked out. The downward movement to the 1st target at 1.3306 has already been completed, and the price has finally settled below it. According to the rules of this pattern, once the price breaks below the 1st target, it will inevitably reach the 2nd target below at 1.3140. As can be seen, the price has made several attempts to stay below the 1st target, which has now happened. I am waiting for a downward movement towards the 2nd target.