And still a triangle?

05.07.2021

Fears that the decline will end as soon as the minimum will be updated began to be justified. The price has really renewed the local minimum and decided to start growing. And here the implementation of the option with a horizontal triangle is possible. If this is true, then in the near future we will expect growth within the development of wave d. The purpose of the movement is the upper generatrix of the model. Potentially, this looks quite promising.

It is recommended to close previously opened sell deals and look at the possibility of buying.

Investment idea: buy 1.1875, stop loss 1.1850, take profit 1.2150.