The price spent the whole last trading day in a sideways trend. Perhaps, in this way, preparations are underway for a directional impulse growth caused by the development of wave (iii). Potentially, the movement looks quite promising and it is worth taking a serious look at the possibility of concluding buy deals in order to reach the current maximum price.

For a safer entry into trades, it is recommended to enter on the update of the local maximum.

Investment idea: buy 109.70, stop loss 109.40, take profit 110.80.