Purchases on the update of minimum

01.04.2021

The buyers succeeded in a quick counterattack, which led to a insignificant growth. This was the end of their exploits, insofar as sellers began to react to it. Probably, this will lead to another update of the current local minimum, after which a full-fledged reversal with a good upward movement will already take place.

Consequently, it is recommended to wait for the development of the next wave of sales and to start buying at the renewal of the minimum.

Investment idea: buy 1.1690, stop loss 1.1660, take profit 1.1800.