EURUSD: SELL 1.1285, SL 1.1315, TP 1.1140 | 14 Abril 2025

14 Abril 2025, EUR/USD

EURUSD: SELL 1.1285, SL 1.1315, TP 1.1140

The price didn’t enter a prolonged consolidation phase due to the anticipated correction, which was expected to take the form of a contracting horizontal triangle. Instead, we saw another rapid upward surge. Apparently, this was driven by the continued formation of an upward impulsive wave—specifically wave 5. Corrective wave 4 turned out to be short-lived in both duration and development. At the moment, the impulsive move appears incomplete, so after a brief correction, further upward movement is expected. In this situation, short-term selling opportunities can be considered by entering trades at current market levels. Investment idea: SELL 1.1285, SL 1.1315, TP 1.1140.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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