After a very strong directional movement, the price has gradually entered a corrective phase. It is likely that this is forming wave 4 of an upward impulse. It appears that this wave will take the shape of a converging horizontal triangle.

In this case, we expect movement with a diminishing amplitude, which is already starting to be observed. Moreover, it seems that the completion of the entire pattern is not far off: a decline to the lower boundary, as indicated in the chart above.

After this, an impulsive upward movement is expected to resume, forming wave 5 and completing the entire upward impulse.

Recommendation: BUY 1.0835, SL 1.0800, TP 1.1000.