The gradual slide down continues

06.05.2021

The price is steadily sliding down, gradually showing a zigzag contour of the alleged correction. Probably, in this way, the final decline is formed within the development of wave [2]. There was no sharp upward movement, so the price will probably be so calm and will continue to decline, although the potential looks insignificant.

Meanwhile, you can try accurate sales, but you need to be careful, at any moment the price can decide the correction is sufficient and, having made a reversal, begin to grow.

Investment idea: sell 1.2000, stop loss 1.2020, take profit 1.1940.