September 28 2026 I entered the sell entry on the EURUSD pair at 1.1386 with a 15 pip stop loss at 1.1401 and was looking for a move lower to the 2R target at 1.1356.
Sell Trade Setup
1. Price enters Daily FVG (Grey), then forms a bearish divergence pattern (Red) and reacts with a move lower.
2. Price breaks below the 1 Hour bearish CHoCH/Change of Character level signalling a possible top is in. (Black)
3. Price pulls up to the bearish supply zone (Purple) and I entered the SELL/SHORT trade with confidence.
EURUSD 5 Minute Chart September 28 2026
EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX
EURUSD moves lower and price hits 2R target at 1.1356 from 1.1386 and I closed sell trade for +30 pips (+2% gain risking 1% on every trade)
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
At Elliottwave-Forecast we cover 78 instruments (Forex, Commodities, Indices, Cryptos, Stocks and ETFs) in 4 different time frames and we offer 5 Live Session Webinars everyday. We do Daily Technical Videos, Elliott Wave Trade Setup Videos and we have a 24 Hour Chat Room. Our clients are always in the loop for the next market move.
Comments