The anticipated decline in the trading pair has begun. At the very least, a diverging diagonal triangle can now be identified, which may represent wave a in a simple zigzag. This pattern signals strong movement in the direction of its development, in our case, downward.

A rise is currently observed, which is presumably meant to correct the formed diagonal and represents wave b. If this is indeed the case, we can expect further development of wave b in the near future, meaning the price will rise a bit more.

Then an impulsive decline will begin, during which wave c of the same zigzag will form.

Recommendations: SELL 1.1760, SL 1.1790, TP 1.1630.