26 May 2025, EUR/USD
The target for the anticipated corrective decline within the developing leading diagonal has been met. After reaching the lower boundary of the pattern, buyers are now attempting a rebound. It is expected that all will work out favorably and we will see the next upward wave; otherwise, the price may get stuck in a corrective consolidation, further complicating its internal structure. For now, the picture indicates the beginning of an extension within a nascent upward impulse, more specifically, in its wave 3. For this reason, it is recommended to consider entering long positions at current market levels. Investment idea: BUY 1.1310, SL 1.1270, TP 1.1380.