Following several unpleasant trading days, during which the price fell sharply, a period of calm has arrived, enabling buyers to search for ways to rectify the situation. Having latched onto a support level, the price is growing cautiously. Even the slightest disturbance causes panic, leading to abrupt retreats.
Yet, an underlying desire to rise persists. This could be due to the fact that the decline was of a corrective nature, taking the form of a double zigzag, which may now be complete. Hence, growth appears as a logical continuation of events. Moreover, given the prevailing circumstances, this growth is likely to be impulsive.
Consequently, entering buy trades presents a promising trading opportunity.
Investment idea: BUY 83800, SL 81500, 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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