The beginning of the trading week was very boring and uninteresting in terms of volatility. The price spent the whole day in a narrow price range. Meanwhile, the wave pattern remains the same, namely: the price decline is expected due to the development of wave [5] of the downward impulse, which is formed within the correction.

A signal to enter trades will be the price moving below 1.1905.

Investment idea: sell 1.1905, stop loss 1.1935, take profit 1.1800.