Growth potential remains quite promising

16.11.2021

The dollar rate during the last trading session has grown and reached a local maximum. The price is unlikely to be allowed to climb high, so a decline is expected in the near future due to the development of the correction.

Meanwhile, the observed price fluctuation occurs within the wave v of an upward impulse, therefore, generally, a strong impulse growth is expected in the future. You should buy on the renewal of the maximum of wave iii.

Investment idea: buy 114.70, stop loss 114.50, take profit 115.50.