Correctional sideways development is expected

28.09.2021

The dollar continues to grow steadily. However, today we will probably see the beginning of a small corrective stop. It is caused by the formation of the fourth wave of the developing impulse in wave C of 5.

It is expected that the correction will form sideways and will take quite a long time. It is recommended to close previously opened buy trades or to secure it maximally by moving the protective stop loss as close as possible to the current market price.

Investment idea: flat.