Sellers take the initiative into their own hands

15.09.2021

The price fell outside the converging triangle and is clearly not going to stop there. Ultimately, everything can lead to the fact that we will see a breakdown of the lower trend line, which was assumed to be the generator of the diagonal triangle. But there is still a possibility of the beginning of growth in the wave c of 5, having bounced off this kind of support level.

But it is definitely not worth entering into deals in advance. It is necessary to wait for the movement in the expected upward direction and enter buy trades only on the corrective pullback.

Investment idea: flat.