The final phase of the downward impulse development

24.11.2021

The next trading day was inactive. Buyers sluggishly tried to reverse the movement vector in their favor, sellers have reacted instantly. As a result, it turned out that the price remained at the same values.

Meanwhile, the supposed wave [5] of (c) of y remains incomplete, therefore, the expectations of a further decline in the pair remain. But the potential for movement looks negligible.

Therefore, it is not recommended to open any trading positions yet.

Investment idea: flat.