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EUR/USD: Sell target hit for +45 Pips +2.5%

June 2 2026 I entered the sell entry on the EURUSD pair at 1.1647 with a 18 pip stop loss at 1.1665 and was looking for a move lower to the minimum 3R target at 1.1593.

Sell trade setup

1. Price reacts lower from the Weekly and Daily FVG. (Purple zone).

2. Price breaks below bearish CHoCH/Change of Character level. (Black line).

3. Price taps in bearish supply zone and reacts with move lower. (Blue zone).

4. All combined together and entered the SELL/SHORT trade with confidence.

EUR/USD one-hour chart June 2 2026

Chart

EUR/USD one-hour chart June 3 2026

Chart

EURUSD moves lower and on June 3rd 2026 price hits 2.5R target at 1.1602 from 1.1647 and I closed sell trade for +45 pips (+2.5% 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.

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Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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