Wave C of the zigzag is expected to develop

01.06.2021

The updated version of the development of events is still receiving confirmation. The price is cautiously declining, but the sell signal has not been activated yet. This requires the price to pass the level of 109.00. It is possible that we will receive this signal during the current trading session.

It is also worth noting that the decline is expected in an impulsive style, as wave C of the zigzag is expected to develop.

Investment idea: sell 109.00, stop loss 109.30, take profit 106.00.