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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GBPUSD : 1:2 Risk/Reward Target Hit
Read MoreOn January 22 2024 I posted live on social media, @AidanFX , the trade setup. ” Sold GBPUSD at 1.2714 Stop Loss at 1.2726 Target 1.2690 ” SELL Trade Setup 1. Price respects and reverses lower from the 1 hour fair value gap/FVG. (Red) 2. Price forms a bearish RSI divergence pattern in the 1 hour […]
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USDJPY : 1:3 Risk/Reward Target Hit
Read MoreOn January 8 2024 I posted on social media, @AidanFX , ” LONG USDJPY at 144.20 Stop Loss at 144.05 Target at 144.50 – 144.95 area ” BUY Trade Setup 1. Price respects and bounces higher from the demand zone. (Black) 2. Price forms a bullish RSI divergence pattern in the demand zone. (Red line) 3. […]
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EURJPY : 1:2.5 Risk/Reward Target Hit
Read MoreOn January 4 2024 EURJPY was showing signals that the pair would extend higher. Below I will explain the reasons why I entered BUY/LONG trade. Buy Trade Setup 1. Price enters the 1 Hour bullish demand zone. (Gray box) 2. Price sweeps a liquidity level faking out sellers and fuelling the buyers. (Black line/Liquidity Grab) […]
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EURUSD : 1:5 Risk/Reward Target Hit
Read MoreDecember 28 2023 I entered the sell entry on the EURUSD pair at 1.1112 with a 10 pip stop loss at 1.1122 and eyeing for a move lower to the 1:5RR target at 1.1062. Sell Trade Setup 1. Price entered the 4 hour supply zone where price can reverse lower. (Blue box) 2. Price breaks […]
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EURCAD : Two Sell Trades Hit Targets
Read MoreOn December 19 2023 I posted on social media @AidanFX ” Sold EURCAD at 1.4655 Stop Loss at 1.4685 Target at the 1.4595 – 1.4565 area.” SELL Trade Setup 1. Price grabs buyside liquidity faking out buyers. (Black line) 2. Bearish Accumulation, Manipulation, Distribution pattern. (Purple,Yellow, Blue boxes) 3. Price forms a bearish divergence pattern […]
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GBPUSD : Catching the Move Lower
Read MoreDecember 12 2023 I entered the 1st sell entry on the GBPUSD pair at 1.2566 with stop loss at 1.2596 calling for the move lower to the the 1:2RR target at 1.2506. On December 13 2023 I also posted the 2nd sell entry on social media @AidanFX ” SHORT/SELL GBPUSD at 1.25423 Stop Loss at […]