July 6 2025 I entered the sell entry on the EURUSD pair at 1.1771 with a 20 pip stop loss at 1.1791 and looking for a move lower to the 4R target at 1.1691.
Sell Trade Setup
1. Price taps in the bearish supply zone and reacts lower (Gray).
2. Bearish divergence formed signalling bears/sellers are stepping in to push pair lower. (Red line)
3. Price breaks below CHoCH/Change of Character level signalling bears/sellers are trying to take control. (Blue line)
4. All combined together SELL/SHORT with confidence.
EURUSD 1 Hour Chart July 6 2025 (Trade entry)
EURUSD 1 Hour Chart July 7 2025 (Targets hit/Trade closed)
EURUSD moves lower and hits 4R target hit at 1.1691 from 1.1771 and I closed trade for +80 pips (+4% 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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