The support level, strengthened by the trend line, again proved to be an insurmountable obstacle for sellers. The price, having punctured this strengthening of buyers, quickly returned back, starting to grow. It is possible that this entire correction, which is forming in the horizontal plane, is due to the development of wave 4 of an upward impulse, which means that in the future we will see another growth wave within the formation of wave 5.

However, you should not rush to shopping. The movement in the expected wave 5 may turn out to be insubstantial, being limited to an easy update of the current price maximums.

Investment idea: flat.