The beginning of formation of the wave [2]

30.04.2021

Completion of the upward impulse, the fifth wave of which has taken the shape of the final diagonal triangle, is still being confirmed. The price was unable to continue to grow, having started to roll back down. Probably, this is the beginning of a good corrective decline caused by the formation of wave [2].

Consequently, it is recommended to look closer at the opportunity to enter into sell deals already at current market prices.

Investment idea: sell 1.2110, stop loss 1.2135, take profit 1.1990.