Descending expectations in the triangle persist

27.04.2021

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During the last trading session the price did not carry out any strong and essential movements. The sell signal was not activated also, it is possible that everything will happen during today’s trading session. Let me remind you that the wave from the horizontal triangle is expected to develop at the moment.

The signal to action, namely to open sell deals, will be a breakout of the current price minimum, the target is the lower generatrix of the assumed model.

Investment idea: sell 1.3820, stop loss 1.3850, take profit 1.3680.