February 6 2026 I entered the buy entry on the EURUSD pair at 1.1799 with a 35 pip stop loss at 1.1764 and was looking for a move higher to the 3R target at 1.1904.
Buy Trade Setup
- Price taps the bullish daily demand zone (Pink) and reacted with a move higher.
- Bullish divergence pattern formed in the demand zone signalling a move higher. (Red line)
- Bullish market pattern 1.27 Fib. level hits signalling bulls will be looking to push the market higher. (Blue)
- All combined together and entered the BUY/LONG trade with confidence.
EURUSD 1 Hour Chart February 6 2026 (Entry)
EURUSD 1 Hour Chart February 9 2026 (Target hits/Trade closed)
EURUSD moves higher and hits 3R target at 1.1904 from 1.1799 and I closed trade for +105 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. 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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