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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EURUSD : Catching the 100 Pip 1:5 Risk/Reward Move Lower
Read MoreThe EURUSD pair has been on a down trend since July of 2023. As the saying goes, trade with the trend and not against it. SELL Trade Setup 1. Price entered the 1 Hour supply zone area where sellers are waiting to push price lower. (Red) 2. Double bearish Wyckoff distribution schematic patterns (Green and […]
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GBPUSD : Sell Trade Hits Targets
Read MoreThe GBPUSD pair has been on a down trend since July of 2023. As the saying goes, trade with the trend and not against it. SELL Trade Setup 1. Price entered the 15 minute supply zone signalling area where sellers are waiting to push price lower. (Red) 2. Price breaks below internal structure higher low […]
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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 […]