The price has not yet managed to break out of the предполагаемой correction that is currently developing. An attempt to rise was made, but these efforts were insufficient. The entire structure is starting to resemble a converging horizontal triangle, which fits well within the current wave structure.
It is expected that the correction is forming within the development of the fourth wave in the upward impulse, and fourth waves often choose именно this wave pattern.
Thus, we may soon see another attempt to rise, which this time will be successful and will be driven by the formation of the fifth wave of the upward impulse.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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