On July 11 2023 I posted on social media @AidanFX  ” LONG/BUY EURUSD at 1.0990 Stop Loss at 1.0977 Target 1.1016 – 1.1029 area.” BUY Trade Setup 1. RSI indicator and price form a bullish trend continuation divergence pattern. (Blue Line) 2. Price breaks above internal structure lower high (Red Line) signalling bearish weakness and a bullish market structure shift (MSS). 3. Price/candlestick action reacts from FVG (Fair Value Gap) zone (Blue Box) signalling rejection lower and triggering BUYS. EURUSD 5 Minute Chart July 11 2023 EURUSD 5 Minute Chart July 11 2023 BUY trade entered at 1.0990 with Stop Loss at 1.0977 and on July 11 2023 EURUSD moved higher to the proposed 1:3 Risk/Reward target where trade was closed at 1.1029 for +39 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. If you followed me on social media you too could have caught the EURUSD move higher. 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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