Nothing interesting is happening for the pair under consideration. The price is trading in a narrow price range and does not dare to move in a direction. The proposed scenario with a converging horizontal triangle also raises doubts.

It is extremely dangerous to trade in this situation, so it is better to wait for clarity in the wave structure. Although the chances for the implementation of the specified correctional structure remain in the event of a breakdown of the level 1.3830, you can try to carefully sell with a target at 1.3690.

Investment idea: sell 1.3830, stop loss 1.3850, take profit 1.3690.