August 10 2026 I entered the sell entry on the EURUSD pair at 1.1556 with a 15 pip stop loss at 1.1561 and was looking for a move lower to the 3R target at 1.1541.
Sell Trade Setup
1. Price sweeps Asia session liquidity high (Blue), then forms a bearish divergence pattern (Red) and reacts with a move lower.
2. Price breaks below bearish CHoCH/Change of Character level signalling a possible top is in. (Black)
3. Price taps into bearish FVG zone and reacts with move lower. (Gold)
4. Price taps into another bearish FVG zone and I entered the SELL/SHORT trade with confidence. (Gray)
EURUSD 5 Minute Chart August 10 2026
EURUSD moves lower and price hits 3R target at 1.1541 from 1.1556 and I closed sell trade for +15 pips (+3% 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
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