Price movements remain constrained, every slightest action receives comparable resistance, which ultimately leads to the development of a sideways trend. Meanwhile, the proposed scenario remains relevant. There is a lack of determination on the part of the sellers for implementation.

Consequently, we have no choice but to observe the development of events from the outside. It is recommended to open sell trades at the renewal of the minimums set by the expected wave (i).

Investment idea: sell 109.10, stop loss 109.30, take profit 107.60.