As expected, activity in the observed trading pair has started to decrease. Price movements have become minor, and no significant price levels have been updated. It is likely that a correction, forming wave 4, has begun.

However, given the rapid nature of the downward impulse, a prolonged pause in a sideways market is unlikely. Most likely, the price will soon begin to actively fall again, forming the final wave 5 and thereby completing the entire downward impulse.

In this regard, it is worth considering selling at the current market levels. Additionally, the price is near a local maximum established by the corrective upward movement. With a high probability, a reaction from sellers will follow at this level once again.

Recommendations: Sell at 147.20, SL 147.50, TP 144.40.