The situation remains favorable for shopping

04.11.2021

Buyers lack decisiveness. The growth that had begun was quickly stopped and the price began to roll back within the limits of the previously formed correction. But the situation for buyers remains favorable. The price is expected to start growing steadily, forming a third impulse wave.

Meanwhile, it is recommended to open buy deals at the update of the current local maximum passing at the value of 1.1615.

Investment idea: buy 1.1615, stop loss 1.1600, take profit 1.1750.