Most likely, the proposed horizontal triangle scenario will be discarded soon. This is due to the fact that instead of falling within the framework of the development of wave c, the price is trying in every possible way to grow, keeping close to the upper generatrix of the indicated pattern.

Such behavior often indicates that the price is preparing for a decisive breakout and directional movement in the direction of this breakdown. In our case it is growth.

Consequently, it is not recommended to open any trading positions yet. It is worth waiting for a clarification in the form of a directional movement with the establishment of new extremes.

Investment idea: flat.