The price goes into a correctional stage

09.04.2021

The past trading day was marked by another update of the local maximum. There was a insignificant increase with the transition to a correction. Further development of the decline is expected in the near future. Meanwhile, it is hardly worth waiting for strong directional movements. The price will probably trade in a narrow range preparing for a sharp impulse move.

At the moment, an upward impulse is expected to form, but how it will actually be will become clear a little bit later. In the meantime, it is recommended to close all previously opened transactions and observe the development of events from the outside.

Investment idea: flat.