|

Riding EUR/USD sellside

I am already riding two EURUSD sell entries. Another possible sell opportunity could be forming for traders that are not in yet.

EURUSD Possible Bearish Scenario

  • Watch for price to tap 4 Hour FVG (Purple) first.
  • Watch for a bearish shift and bearish reversal signs in the FVG zone.
  • Wait for all above to play out first then plan the sell entry, stops and targets with confidence.

If price continues higher and breaks above the July 27 2026 high then trade setup is cancelled and if price breaks below the July 27 2026 low without tapping the 4H FVG then trade setup is cancelled.

EURUSD 15 minute chart July 27 2026

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

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.

Author

Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

More from Elliott Wave Forecast Team
Share:

Editor's Picks

GBP/USD gathers traction, surpasses 1.3300

GBP/USD now advances modestly and manages to reclaim the 1.3300 barrier and beyond on Tuesday. Indeed, Cable regains some composure on the back of the persistent selling interest hurting the Greenback, all ahead of the Fed’s meeting on Wednesday and the BoE’s gathering on Thursday.

EUR/USD picks up pace, flirts with 1.1400

EUR/USD rebounds from earlier multi-week lows and challenges the 1.1400 yardstick, trading with decent gains on Tuesday. Hopes of a more sustainable deal between the US and Iran weighs on the US Dollar, lending extra legs to the risk complex ahead of the key FOMC event on Wednesday.

Gold: The $4,000 zone holds the downside for now

Gold (XAU/USD) maintains its offered on Tuesday and declines toward the $4,000 psychological level. This follows the previous day's failure to find acceptance above the $4,100 mark and suggests that the path of least resistance for the bullion remains to the downside amid a bullish US Dollar (USD), which draws support from escalating geopolitical tensions ahead of the cricital FOMC meeting.

Bitcoin slips below $64,000 as risk-off sentiment grips markets
Bitcoin (BTC) is extending its correction, trading below $64,000 at the time of writing on Tuesday after losses of over 2.5% the previous day. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) recording a mild outflow on Monday, marking three consecutive days of withdrawals.
Indian Rupee outlook: Downtrend set to persist – Just at a slower pace
The Indian Rupee just endured its most brutal six-month stretch in years, battered by a perfect storm of global shocks. From United States (US)-India trade uncertainty to surging Oil prices and the significant outflow of Foreign Institutional Investment (FII) from the Indian stock market, every event brought nothing but pain for the Indian currency.
US Dollar mid-year outlook: Exceptional currency, exceptional risks?
The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.