Correction before further growth

25.02.2021

The situation for the pair under consideration continues to develop within the framework of the alleged scenario. After a rapid corrective decline, there was an equally rapid return back. This is probably due to the development of wave iii of an upward impulse.

However, it is hardly worth expecting further growth of the pair on the next trading day. Probably, the price will go into a slight correction, which means that you should forget about opening any trading positions for a while.

Investment idea: flat.