A breakout and a confident fixation of the price outside the channel indicates an erroneous interpretation of the emerging wave situation. Probably, at the moment we have in front of us a large zigzag, in which wave C is developing.

The specified wave, as it should be, takes an impulse form. It is possible that the formation of wave iii was completed earlier, which means that in the future we are expecting a correctional decline within the development of wave iv.

Potentially it looks very interesting, so it is worth trying to participate in this.

Investment idea: sell 114.20, stop loss 114.40, take profit 113.00.