The situation with the trading instrument under review continues to unfold in line with the previously considered scenario. The value has started to decline slowly and gradually. This is likely the beginning of wave two in the assumed ending diagonal triangle.
If this is indeed the case, then during this decline the second point for drawing the lower boundary of the mentioned pattern will be established. Until that moment, no trading actions should be taken, as the price may already begin rising in wave three of the diagonal today.
In the current situation, the most optimal decision is to wait for the completion of the entire pattern and then start selling.
Investment idea: FLAT.
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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