The wave a (blue) regrouped into a zag-like structure. At the moment, wave b (blue) is formed, in which we do not recommend performing any operations until the moment of its termination.
Our strategy:
1) we expect the end of wave a (black);
2) we expect the end of wave b (black);
3) at the breakdown of the peak of wave a (black) we will gain a short position in the price area of 5900;
4) the target for short positions is at the level of 4900-5000.
Our strategy:
1) we expect the end of wave a (black);
2) we expect the end of wave b (black);
3) at the breakdown of the peak of wave a (black) we will gain a short position in the price area of 5900;
4) the target for short positions is at the level of 4900-5000.