The variant with the development of the initial diagonal triangle as wave i in the supposed incipient upward impulse is still confirmed. After the development of the above pattern, the price went down, probably to form a correction, which will take the status of wave ii.

Soon, perhaps during the current trading day, this corrective decline may end up taking the form of a simple zigzag. At the same time, the reversal may happen and a rapid growth may begin due to the development of wave iii.

But we should not hurry to buy yet, it is necessary to wait for the completion of the formation of this correction and then look for opportunities to enter into buy trades or set a pending buy stop order at the level of 1.0840.

Recommendations: Buy 1.0840, SL 1.0800, TP 1.1000.