Expectations have been fully realized. The price has indeed dropped significantly and met the minimum movement requirements following the development of a leading diagonal triangle. However, sellers are likely not done just yet.

The fact is that the decline strongly resembles an impulse in which the final bearish wave is still missing. This would mean the current attempt at growth is merely a correction. In such a case, we may soon see a resumption of the price decline, during which the current local minimum will be updated.

Recommendations: SELL 1.1625, SL 1.1650, TP 1.1580.