Sellers lacked determination again and the price, instead of accelerating the downward movement, rose to local maximums. The wandering in sideways continues. Consequently, it is not recommended to consider this instrument for trading yet.

Price can stay in this correctional swamp for quite long time. Consequently, it is worth waiting for good activity in the form of directional movement in any direction and only after that look for opportunities to enter trades.

Investment idea: flat.