No significant changes have occurred in the wave structure over the past period. Trading activity has decreased substantially, affecting volatility. The price remains within the ranges of the previous trading week, indicating the development of a corrective structure.
Furthermore, the previously formed movement strongly resembles an initial diagonal triangle, which is now fully formed. A response to this model is underway. With the start of the new trading week, an impulsive rise is anticipated, which could eventually transform into a prolonged directional movement.
For this reason, it is advisable to consider opening buy positions at current market values.
Investment idea: BUY 84800, SL 82200, TP 95000.
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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