The third wave of the diagonal

16.02.2021

One more trading day was in vain. The price didn’t go anywhere. This is probably because of a weekend in the United States. All interesting things are transferred to today and follow-up trading days of the current week.

Growth expectations due to the development of the third wave of the supposed diagonal remain. It will be possible to buy at the update of the current local maximum passing at the value of 1.2150.

Investment idea: buy 1.2150, stop loss 1.2110, take profit 1.2350.