On February 11 2025 I posted on social media @AidanFX the EURUSD bullish buy setup.
i. Price respects bullish demand zones (Pink Box and Blue Box)
ii. Bullish harmonic market pattern (Yellow) forms and terminates pattern in demand zone (Pink Box) signalling reversal higher.
iii. Price breaks above daily IFVG (Gray Box), CHoCH (Change of Character/Blue Line) and descending trend line (Red Line) signalling bullish strength.
All above combined was enough for me to enter 1st sell entry (Green) with confidence.
EURUSD 1 Hour Chart February 11 2025 (1st BUY Entry Green)
On February 19 2025 I posted on social media @AidanFX the 2nd EURUSD buy setup when price re-traced lower to a demand zone (Orange Box). Also I advised 1st BUY (Green) to be raised to entry and risk free.
EURUSD 1 Hour Chart February 19 2025 (2nd BUY Entry Blue)
EURUSD 1 Hour Chart February 23 2025 (All targets hit and all trades closed)
Entered the 1st Green BUY trade February 11 2025 at 1.0360 with a 80 pip stop loss at 1.0280. On February 23 2025 EURUSD moved higher and green 1:2RR target hit at 1.0520 where I closed the 1st green buy trade for +160 pip move higher and a +2% gain. Entered the 2nd Blue BUY trade February 19 2025 at 1.0407 with a 35 pip stop loss at 1.0372. On February 23 2025 EURUSD continued higher and the 2nd buy 1:3RR target also hit at 1.0512 where I closed 2nd buy trade for +105 pips +3% gain for a combined +5% gain for both entries. (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. If you followed me on social media you too could have caught the EURUSD move higher.
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
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