EUR/USD: Sell target hit and banked +2%

Elliott Wave Forecast Team ElliottWave-Forecast.com

September 28 2026 I entered the sell entry on the EURUSD pair at 1.1386 with a 15 pip stop loss at 1.1401 and was looking for a move lower to the 2R target at 1.1356.

Sell trade setup

Price enters Daily FVG (Grey), then forms a bearish divergence pattern (Red) and reacts with a move lower.
Price breaks below the 1 Hour bearish CHoCH/Change of Character level signalling a possible top is in. (Black).
Price pulls up to the bearish supply zone (Purple) and I entered the SELL/SHORT trade with confidence.

EUR/USD 5-minute chart September 28 2026

EURUSD moves lower and price hits 2R target at 1.1356 from 1.1386 and I closed sell trade for +30 pips (+2% gain risking 1% on every trade)

Author

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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