EUR/JPY: Buy trade hits targets +3.5%

Elliott Wave Forecast Team ElliottWave-Forecast.com

The EUR/JPY pair was on a higher high/higher low sequence in February 2026 so the obvious was to only look for buy opportunities.

February 24 2026 the pair formed a bullish divergence pattern (Red) in the FVG top level (Blue line) then pushed higher and broke above the shift level (Black line) signalling that the pair was gearing up to rally higher again.

I posted on February 24 2026 the buy/long trade chart below on social media @AidanFX and also posted the entry, stop loss and targets.

“Bought at 183.52 with stop loss at 183.20 and minimum target at 2R 184.16 and maximum target at 3R 184.48.”

EUR/JPY 15-minute chart February 24, 2026 (entry)

EUR/JPY 15-minute chart February 25, 2026 (targets hit)

EUR/JPY hits 3.5R target at 184.64 from 183.52 and I closed buy trade for +112 pips (+3.5% gain risking 1% on every trade).

Author

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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