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 : 2 Buy Trades Hits Targets
Read MoreOn July 5th and 6th I posted 2 separate buy trade setups on social media @AidanFX “LONG/BUY GBPUSD at 1.2707 Stop Loss at 1.2687 Target at 1.2747 (1:2RR) 1.2767 (1:3RR)” and “Added 2nd LONG/BUY GBPUSD at 1.2697 Stop Loss at 1.2687 Target at 1.2747 (1:5RR).” Trades were taken based on demand zones, market structure and the […]
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GBPUSD : Catching the Move Higher
Read MoreOn July 3 2023 I posted on social media @AidanFX ” LONG/BUY GBPUSD at 1.2683 Stop Loss at 1.2673 Target 1.2703 – 1.2713 area.” BUY Trade Setup 1. RSI indicator and price form a bullish trend continuation divergence pattern. (Black Line) 2. Price breaks above internal structure lower high (Red Line) signalling bearish weakness and […]
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USDJPY : Buy Trade Hits Targets
Read MoreOn June 26 2023 I posted on social media @AidanFX ” USDJPY : Will be watching for buying opportunities against 142.92 low for another move higher towards 144.00.” I also posted on June 26 2023 the buy trade ” USDJPY BUY at 143.34 Stop Loss at 143.04 Target 143.79 – 143.94 area.” Buy Trade Setup […]
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USDJPY : Catching the Move Lower
Read MoreOn June 20 2023 I posted on social media @AidanFX ” USDJPY : For now as long as price stays below 142.25 will be watching for sells for another push lower towards the 141.68 – 141.48 area.” SELL Trade Setup 1. RSI indicator and price form a bearish trend reversal divergence pattern. (Purple Line) 2. […]
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USDJPY : Buy Trade Hits Targets
Read MoreOn June 15 2023 I posted on social media @AidanFX “Bought USDJPY at 140.24 Stop Loss at 139.84 Target/TP at 140.84 – 141.04 area“ BUY Trade Setup 1. Price sweeps the previous day low for a liquidity grab fuelling the buy side. (Blue Line) 2. RSI indicator and price form a bullish trend reversal divergence […]
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USDJPY : Buy Trade Hits Targets
Read MoreOn June 6 2023 I posted on social media @AidanFX “LONG/BUY USDJPY at 139.23 Stop Loss at 139.03 Target/TP at 139.83 (1:3RR)“ BUY Trade Setup 1. Price breaks above internal structure lower high (MSS Red Line) forming a market structure shift pattern signalling bearish weakness. 2. RSI indicator and price form a bullish trend reversal […]