Waiting for an impulse decline in the pair

22.06.2021

After the completion of the development of the horizontal triangle, at least the situation looks exactly like this at this moment,
the price is in no hurry to go into an impulse decline to complete the formation of the zigzag. And this cannot help but be alarming. Maximums are just a stone’s throw away, and any surge in buying activity can lead to an update of these extremes, which will lead to the cancellation of the proposed scenario.

Perhaps, soon we will still see an impulsive decline in the pair, but it is worth entering into sell deals when the current local minimum is updated.

Investment idea: sell 109.75, stop loss 110.00, take profit 107.00.