It appears that the initial вариант of the forming initial diagonal triangle was correct. This is indicated by the pressure обрушившееся on the price. Buyers were not allowed to reach the намеченной target at the upper boundary, suggesting that this rise was likely corrective — specifically wave B in the предполагаемом zigzag.
The decline thus gains the status of the final wave C in the same zigzag. Therefore, it is recommended to consider opportunities for entering sell trades at current market levels.
Investment idea: SELL 1.1650, SL 1.1670, TP 1.1560.
Origin: FreshForex
