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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NAS100 : 1:2.5 Risk/Reward Target Hit
Read MoreAfter the February 18 2024 NAS100 SELL trade was closed (Read it here>NAS100 : 1:3 Risk/Reward Target Hit) , I posted February 20 2024 on social media @AidanFX the Nas100 buy setup. Below I will explain the reasons why I entered the BUY/LONG trade. Buy Trade Setup 1. Bullish AB=CD pattern is visible and signalling a […]
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NAS100 : 1:3 Risk/Reward Target Hit
Read MoreOn February 18 2024 I posted on social media @AidanFx , the Nas100 (Nasdaq) sell setup. Below I will explain the reasons why I entered the SELL/SHORT trade. Sell Trade Setup 1. Price has entered and respected supply zones signalling a bearish bias. (Gray boxes) 2. Watch for price and RSI indicator divergence to form in […]
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EURUSD : 1:3 Risk/Reward Target Hit
Read MoreOn February 15 2024 I posted on social media @AidanFX , ” EURUSD Sold at 1.0774 with Stop Loss at 1.0786 and Target at 1.0738. ” Sell Trade Setup 1. Price entered the 1 hour supply zone where price reversed lower. (Blue box) 2. RSI divergence pattern (Red Line) forms in the 1 hour supply zone […]
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NAS100 : 1:5 Risk/Reward Target Hit
Read MoreOn February 7 2024 the Nas100 (Nasdaq) was showing signals that the index would extend higher. Below I will explain the reasons why I entered the BUY/LONG trade. Buy Trade Setup 1. Price and indicator divergence signalling a bullish reversal higher. (Red) 2. Price breaks above a previous lower high signalling a bullish change of […]
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USDJPY : 1:5 Risk/Reward Target Hit
Read MoreOn January 30 2024 I posted on social media @AidanFX ” LONG USDJPY at 147.22 Stop Loss at 147.09 Target 1 at 147.48 Target 2 at 147.87 USDJPY 5 Minute Chart January 30 2024 Entered the BUY trade at 147.22 with a 13 pip stop loss at 147.09. USDJPY moves higher to the proposed targets. […]
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EURJPY : 1:4 Risk/Reward Target Hit
Read MoreOn January 26 2024 EURJPY was showing signals that the pair would extend higher so I posted on social media @AidanFX ” Bought EURJPY at 159.88 Stop Loss at 159.68 Target at 160.28. Below I will explain the reasons why I entered BUY/LONG trade. Buy Trade Setup 1. Price enters the bullish demand zone. (Gray […]