May 21 2026 I posted on social media and entered the sell entry on the USDJPY pair at 159.15 with a 13 pip stop loss at 1159.28 and was expecting for a move lower to the 2R target at 158.89.

@AidanFX >>> “Sold USDJPY at 159.15 Stop Loss 159.28 Target 158.955 – 158.89 area”

Sell Trade Setup

  • 1. Price swept the previous day high. (Liquidity Sweep)
  • 2. Price breaks and closes below IFVG. (Gray)
  • 3. Price breaks and closes below trend line.

All combined together and I entered the SELL/SHORT trade with confidence.

USDJPY 15 Minute Chart May 21 2026 (Sell Entry)

USDJPY, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX

USDJPY 15 Minute Chart May 21 2026 (Target Hit)

USDJPY, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX

USDJPY moves lower and hits 2R target at 158.89 from 159.15 and I closed sell trade for +26 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

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