There has been no development of success on the part of buyers yet. But we can be focused on the fact that a lead-in wave has probably formed and a rollback has occurred. Then there was a good opportunity to enter buy trades at current market prices. Or, for a safer entry into trades, it is worth waiting for the breakdown of the local maximum.

In any case, the development of a good impulse movement due to the formation of the wave [3] is assumed.

Investment idea: buy 1.1730, stop loss 1.1700, take profit 1.1900.