Image Source: Pixabay
September 4, 2025, we advised EWF members that the EURUSD pair was in a bullish wave count and to only look for BUYS.
EURUSD 1 Hour Chart New York Update September 4 2025 (Bullish Wave Count)
On September 4, 2025, I entered the buy position on the EURUSD pair at 1.1632 with a 25 pip stop loss at 1.1607 and was looking for a move higher towards the 1.1750 area.
EURUSD 15 Minute Chart September 4 2025 (Buy Entry)
Buy Trade Setup
1. Elliott Wave count is bullish and structure is calling for a blue wave ((ii)) termination which will be followed by continuation higher.
2. Price tapped into a bullish 4 Hour Gray FVG and reacted with move higher.
3. Price taps into the bullish 15 Minute Pink demand zone where I entered the BUY/LONG.
All the points above combined together was enough for me to enter the buy trade with confidence.
EURUSD 15 Minute Chart September 5 2025 (Targets Hit/Trade Closed)
EURUSD moves higher, and on September 5, 2025, the price hit the 5R target at 1.1757 from 1.1632, and I closed the buy trade for +125 pips (+5% gain risking 1% on every trade)
More By This Author:
Nvidia Corp. Blue Box Area Offers A Buying OpportunityEURUSD : Trading With The Wave Count And Banking +36 Pips
Elliott Wave Analysis: Gold Poised To Break Consolidation, Eyeing New Highs
Comments
Log in or sign up to join the conversation.