
The EURUSD pair was on a higher high/higher low sequence signalling only buy opportunities. When price made a pullback to the bullish FVG (Gray) and bullish IFVG (Green) I entered the buy trade with a tight 8 pip stop loss with targets at the 2R 1.1547. The pair was already bouncing higher off the bullish Demand zone (Pink) and OTE zone (Gold) so it was only obvious to follow the short term bullish trend higher. EURUSD 5 Minute Chart November 6 2025
EURUSD moves higher and hits 2R target at 1.1547 from 1.1531 and I closed sell trade for +16 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. Try Elliottwave-Forecast for 14 days !!! Just click here –> 14 day trial
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