The price continued to rise as expected. But the movement turned out to be so strong that it went beyond the expected reversal zone. Meanwhile, the probability of the beginning of a decline has increased, but before that, most likely, we will see another update of the local maximum, therefore, it is not recommended to enter into sell trades at current market prices.

The downside potential looks promising, the price can calmly reach the minimum of wave iv.

Investment idea: sell 110.50, stop loss 110.70, take profit 108.40.