After a cautious rise, the price dropped slightly. It is possible that in this way a leading impulse wave developed, after which a corrective pullback was formed. Then we had a good point to enter buy trades, this is the formed local maximum, the breakdown of which will be a signal for action.

Growth is expected within the formation of wave [3] of an upward impulse, which means that the movement is potentially very promising.

Investment idea: buy 1.1615, stop loss 1.1590, take profit 1.1750.