EURUSD: SELL 1.1640, SL 1.1665, TP 1.1600. | 22 Agustus 2025
22 Agustus 2025, EUR/USD
The previous trading session did not bring any clarity to the emerging wave pattern. The price remained at the same level throughout the day, showing no signs of a decisive directional move.
For this reason, the previously considered wave structure remains valid. A decline is expected in the near term, driven by the formation of wave c within a simple zigzag pattern. It is also worth noting that wave c appears to be taking the shape of a terminal diagonal triangle, which suggests a potentially strong upward movement following the completion of this pattern.
Before the beginning of the rise, there is an opportunity to profit from the current downward movement.
Investment idea: SELL 1.1640, SL 1.1665, TP 1.1600.
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.
