The horizontal triangle maintains good chances to be realized

09.07.2021

Nevertheless, the price renewed the minimum, but did it, apparently, in order to shake out early buyers with weak nerves from their trading positions, because immediately after that the euro rate began to grow. The proposed wave scenario again got a chance to be realized.

An upward movement is expected within the development of wave d of the horizontal triangle. The upper generatrix target is at a quite enough distance, which means good potential for profit from purchases.

Investment idea: buy 1.1840, stop loss 1.1810, take profit 1.2150.