Sellers still failed to complete the formation of the impulse developing as the supposed wave [c] of (y). Consequently, the previously made assumptions about the further price movement remain.

The downside potential looks not too large, so it is not worth considering opportunities for entering sell trades. You can try to enter with the minimum volume and for a short time, but it is better to wait for the price reversal and growth. It is unlikely that both a decline and a reversal will occur during the same trading session, therefore, it is not recommended to enter on expectations.

Investment idea: flat.