Developing of the wave (iii) of an upward impulse is expected

19.03.2021

The price continues to remain within the correction, still not daring to continue to grow. Probably, we will see another update of the local maximum today and, at the same time, the beginning of the formation of wave (iii) of an upward impulse.

However, the third wave will not be the longest, inasmuch as wave (i) has already turned out to be elongated, but this movement will be quite enough for earning.

Investment idea: buy 109.10, stop loss 108.90, take profit 109.90.