Apparently, the price begins to steadily move into the stage of a prolonged correction. Expectations of further decline were not justified, but we are unlikely to see further growth in the near future. Meanwhile, the probability of a decline remains at a fairly high level and is due to the formation of a wave [2].

For trading, you can try cautious selling at current prices with little target.

Investment idea: sell 1.2130, stop loss 1.2160, take profit 1.2000.