Buyers continue their attempts to return to and possibly surpass the previously established high. A rather strong bearish wave was bought out. However, this all seems to be forming a corrective structure not in favor of the buyers.

During the day, the price is likely to rise further. Then, pressure from sellers is expected to start, which may be fierce and lead to a significant decline. Thus, the development of a subsequent, third wave in the emerging downward impulsive movement is anticipated.

It is recommended to open sell trades upon breaking the level of 153.55.

Recommendations: Sell 153.55, SL 153.80, TP 140.00.