Buyers of the trading asset encountered certain issues once again. Their attempt to grow resulted in a sharp negative reaction from sellers, nullifying all their efforts. However, this scenario aligns perfectly with the anticipated progression of events.
This decline could be a correction within an emerging upward movement. In this case, renewed buyer activity is expected in the near future, which this time should lead to more significant growth.
Therefore, entering buy trades in this situation remains a highly promising trading decision.
Investment idea: BUY 19600, SL 19200, TP 20500.
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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