As it was supposed, the price continued to trade inside a certain price range. The sidewall is tightening and at the moment there are no preconditions for its completion. Within the nearest time, it is expected to decline and test the lower boundary of the range, which may be followed by a slight rebound and an attempt to break down. In case of success, this will start the development of either wave iii of the expected downward impulse, or the final wave in the downward correction taking the form of a zigzag.

Thus, there are still no signals to make any trading deals, so it is recommended to continue to remain an outside observer of the emerging situation.

Recommendations: flat.