The trend is upward.
The upward momentum, within which the fifth wave v is developing, is forming. Locally the third wave (iii) of v of the lower level is developing. If the assumption is correct, the price will grow to the levels of 205.00-210.00. The level of 196.00 is critical for this scenario.
Long positions can be opened during the correction, above the level of 196.00 with the target within the range of 205.00-210.00.
The breakdown and the consolidation of the price below the . . .