Prospect of a decline remains at a high level

18.05.2021

The current situation so far does not offer any alternatives to the scenario with a correctional decline. However, buyers made an attempt to regain the initiative, and this movement has probably corrective nature.

In this case, in the near future we expect the decline, which may have an impulsive nature. If this assumption turns out to be correct, then we have a good opportunity to enter sell trades at very good prices.

Investment idea: sell 1.4080, stop loss 1.4110, take profit 1.3700.