EURUSD: BUY 1.1330, SL 1.1300, TP 1.1600 | 17 April 2025

The wave count has undergone some significant changes. The upward movement appears to be continuing and is of an impulsive nature. Within this impulse, wave 5 is presumably developing, and its leading waves are composed of three-wave formations, which indicates a diagonal triangle. Therefore, if this assumption is correct, a reversal and decline are expected soon. However, before that happens, the price needs to rise and update the current high, thus completing the entire ascending structure of the ending diagonal triangle. The potential of this anticipated upward move is sufficient to consider trying to capitalize on it. Investment idea: BUY 1.1330, SL 1.1300, TP 1.1600.