The price continues to draw a correction, and we are trying to lick the cream.
At the moment, the situation is such that the supposed wave a (blue) may have completed its structure in the form of a zigzag. There was also a touch of the channel (blue), which indicates the presence of wave 4 (blue level).
Since the structure of wave a (blue) has a zigzag formation, the entire wave 4 (blue) will consist of similar models.
Yesterday we gave recommendations on the purchase from the level of 5500. These purchases should be kept with a short Stop Loss and Take Profit 5990.
Detail: there is a risk that the wave with (black) can still continue. If the price again tests the established local minima - we will again buy from the level of 5300.
At the moment, the situation is such that the supposed wave a (blue) may have completed its structure in the form of a zigzag. There was also a touch of the channel (blue), which indicates the presence of wave 4 (blue level).
Since the structure of wave a (blue) has a zigzag formation, the entire wave 4 (blue) will consist of similar models.
Yesterday we gave recommendations on the purchase from the level of 5500. These purchases should be kept with a short Stop Loss and Take Profit 5990.
Detail: there is a risk that the wave with (black) can still continue. If the price again tests the established local minima - we will again buy from the level of 5300.