
The EURUSD pair failed to move higher and had clearly showed that it wanted to continue trending lower. I decided to switch bias and only look for sell trade entries only. On October 8 2025 EURUSD tapped into a supply/sell zone (Gray) and I entered the SELL trade when price reacted lower from the zone. Sell trade entered at 1.1644 and I placed a 10 pip tight stop loss a little above the middle level of the supply zone at 1.1654 with targets towards the October 8 2025 low. *NOTE : Charts below has typo. Charts say DEMAND when it should have been SUPPLY.* EURUSD 15 Minute Chart October 8 2025 (Trade entry)
EURUSD 15 Minute Chart October 9 2025 (Targets hit/Trade closed)
EURUSD moves lower and hits 5R target hit at 1.1594 from 1.1644 and I closed sell trade for +50 pips (+5% 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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