Breakdown and confident price fixing outside the channel indicates an erroneous interpretation of the emerging wave situation. Probably, at the moment we are facing a large zigzag in which the development of the wave C The indicated wave, as it should, takes a pulsed form. Perhaps the formation of wave iii was completed earlier, which means that in the future we expect a correction decrease as part of the development of wave iv. Potentially, this looks very interesting, so in this, it is worth trying participate. Investment idea: sell 114.20, stop loss 114.40, take profit 113.00.
25 Oct