There was an error in the previously proposed markup. Earlier, the suggested wave 2 was above the beginning of wave 1, which is unacceptable. Now, we would like to consider the corrected version. Perhaps, the beginning of the decline is a converging initial diagonal triangle. It is probably wave (1) in the incipient downward impulse. After a small corrective wave (ii), there was a strong decline, which also confirms the assumption about the development of the diagonal triangle in the first wave, because after the development of this pattern, there are powerful directional movements.

At the moment, presumably, the formation of wave (iii) is underway, which is not yet complete. During today’s trading day, the price will continue to move downward.

In this regard, conclusion of deals on sale looks quite a promising trading decision.

Recommendations: Sell 144.05, SL 144.35, TP 140.50.