The sticky, monotonous, and uneventful price movement continues within a narrow range. The development of a terminal diagonal triangle within wave 5 formation is still anticipated.
Within this pattern, the third wave is likely developing. The target for this move is the upper boundary. Currently, about half of the target level has been reached, maintaining relatively good upside potential.
It is worth considering entering long positions at current market levels.
Investment idea: BUY 23400, SL 23100, TP 24550.
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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