EURUSD : Scenario for a Possible Continuation Move Lower
EURUSD Possible Bearish Scenario
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Watch for price to get above the equilibrium level first.
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Wait for price to tap Weekly or Daily FVG then followed with a rejection from either of these zones.
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Watch for the possible hidden divergence pattern to form which signals the bearish trend continuation.
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Wait for all above to play out first then plan the sell entry, stops and targets with confidence.
EURUSD Daily Chart July 6 2026
EURUSD, trading, elliottwave, bearish market patterns, forex, @AidanFX, AidanFX
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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