Divergence trading patterns can signal traders of possible trade setups. There are 2 types of divergence patterns, regular divergence and hidden divergence. Both patterns can signal a trader on which side to trade the market. A divergence pattern is when price is moving in one direction but the oscillator indicator is moving in a different direction. […]
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EURJPY : Sell Trade Hits Targets
Read MoreOn September 7 2023 EURJPY was showing signals that the pair would extend lower. Below I will explain the reasons why I entered SELLS. Sell Trade Setup 1. Price breaks below the internal structure higher low black line (MSS/Market Structure Shift) signalling bearish weakness. 2. Price sweeps the September 5 2023 high for a liquidity […]
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GBPUSD : Catching the 200 Pip 1:4 Risk/Reward Move Lower
Read MoreOn August 15 2023 I published an article ” GBPUSD : Trading Zones ” where I gave the area on which to look for selling opportunities. In the article I wrote where to look for sells, stop loss and target levels > “Waiting to sell in the supply zone (grey) 1.2754-1.2819 area with stops above […]
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GBPAUD : Watch for Buying Opportunities
Read MoreThe GBPAUD pair is on a clear uptrend making higher highs and higher lows on the 4 hour time frame. Currently price is trading in the August 14th to 18th Weekly candle range (Pink). We, at EWF, always encourage our members to trade with the trend and not against it. In the chart below there […]
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GBPUSD : Trading Zones
Read MoreAt the moment GBPUSD is currently pushing lower from the July 2023 high. Looking at the 4 hour chart below we could expect for the pair to continue pushing lower towards the demand zone (pink), but before a move lower watch for selling opportunities in the supply zone (grey) for the pair to find more […]
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EURJPY : 2 Buy Trades Hits Targets
Read MoreOn July 12 and 13 2023, I posted 2 separate EURJPY buy trade setups on social media @AidanFX . July 12 2023 1st BUY entry (Green) “LONG/BUY EURJPY at 153.75 Stop Loss at 153.35 Target at 154.55 (1:2RR) 154.95 (1:3RR)” and July 13 2023 2nd BUY entry (Blue) “LONG/BUY EURJPY at 154.32 Stop Loss at […]
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EURUSD : Buy Trade Hits Targets
Read MoreOn July 11 2023 I posted on social media @AidanFX ” LONG/BUY EURUSD at 1.0990 Stop Loss at 1.0977 Target 1.1016 – 1.1029 area.” BUY Trade Setup 1. RSI indicator and price form a bullish trend continuation divergence pattern. (Blue Line) 2. Price breaks above internal structure lower high (Red Line) signalling bearish weakness and […]