The sellers turned out to be underestimated and instead of a small wave of sales, they managed to organize a pretty good movement. It is still assumed that their activity is caused by the development of the final fifth wave of the impulse, which is forming in wave [c] of (y).

In this case, the decline in the correction, which takes the form of a double zigzag, is coming to its logical completion. Perhaps the downward movement by inertia will continue a little longer, so it is not worth buying at current prices.

Investment idea: buy 1.1680, stop loss 1.1650, take profit 1.1800.