The amplitude of the price movement decreases markedly. The price bounced off the upper border of the channel and went into an expected corrective decline, which will probably end at the lower border of the same channel. And then, another sharp activity on the part of buyers is expected, during which the formation of wave 1 of the incipient large upward impulse will be completed.

Consequently, it is recommended to look closer at the possibility of opening buy trades in order to have time to “ride” on the final sub-wave of wave 1.

Investment idea: buy 1.3860, stop loss 1.3840, take profit 1.3900.