EURUSD: BUY 1.1390, SL 1.1360, TP 1.1650 | 21 Abril 2025
21 Abril 2025, EUR/USD
There have been no significant changes in the wave structure of the currency pair over the recent period. The price has remained within the previously established range, with a sharp decrease in movement amplitude, almost flattening into a horizontal line. This indicates a forthcoming sharp breakout. In our case, we expect an impulsive upward move, driven by the formation of wave 5 of 5.
Thus, the formation of the entire large upward impulse structure is nearing completion, meaning a reversal and decline are approaching. However, as long as there is still an opportunity to profit from buying, it is recommended not to ignore it and to seriously consider entering the market.
Investment idea: BUY 1.1390, SL 1.1360, TP 1.1650
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.
