Following the break in the upward structure, characterized by a breach of the second wave’s low in the ending diagonal triangle, the downward movement immediately came to an abrupt halt. Presumably, a downward impulse has formed, representing the first wave of a larger time frame impulse. Therefore, in the near future, we may see the formation of a correction, which could take some time. For this reason, it is advisable to refrain from opening any new positions, and for previously opened positions, consider locking in profits.

It is recommended to observe the expected corrective structure from the sidelines without attempting to participate, as the price movement may be highly unpredictable.

In this scenario, it is better to wait for the resumption of the downward trend.

Recommendations: Flat.