As expected, the price attempted to continue growing, but as soon as the local high was slightly updated, sellers became active again, managing to halt the movement and push the price away from this extreme level. However, the pullback appears insignificant. Most likely, this is just the beginning, and soon we will see a more interesting downward movement.

Overall, the situation suggests a decline towards the low set by wave X, followed by a break through this level and an even more significant downward move. This is due to the formation of either the third wave of a downward impulse or a correction in the form of a simple zigzag.

Everything will become clear over time, but for now, it’s worth trying to sell at the current prices.

Recommendations: Sell 148.70, SL 149.00, TP 140.00.