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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AUDJPY : Bearish Market Patterns Signalling the Move Lower
Read MoreOn November 28 2023 AUDJPY was showing multiple bearish market patterns that was signalling traders that the pair was going to move lower. Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy or sell trade setup in a certain area in the market. Market […]
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EURJPY : Buy Trade Hits Targets
Read MoreOn November 23 2023 I posted on social media, @AidanFX , ” LONG EURJPY at 162.545 Stop Loss at 162.425 Target at 162.905 ” BUY Trade Setup 1. Price respects and bounces higher from the 15 minute demand zone. (Blue) 2. Price forms a bullish RSI divergence pattern in the blue demand zone. (Red line) 3. […]
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USDJPY : Buy Trade Hits Targets
Read MoreOn November 21 2023 I posted on social media, @AidanFX , the USDJPY chart calling for a move higher to the 1:3RR target. BUY Trade Setup 1. Price forms 2 RSI bullish divergence pattern. A regular divergence signalling trend reversal and a hidden divergence signalling trend continuation. (Purple lines) 2. Accumulation, manipulation, distribution bullish pattern formed. […]
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GBPUSD : Buy Trade Hits Targets
Read MoreThe accumulation, manipulation, distribution market pattern happens everyday in the markets. On November 9 2023 this pattern was visible on the GBPUSD pair during the New York session hours. The manipulation phase followed by the distribution phase usually occurs during the 1:30am to 4:30am EST hours during the London session and the 7:30am to 10:30am […]
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GBPUSD : Accumulation, Manipulation, Distribution 11.8.2023
Read MoreThe accumulation, manipulation, distribution market pattern happens everyday in the markets. On November 8 2023 this pattern was visible on the GBPUSD pair during the New York session hours. The manipulation phase followed by the distribution phase usually occurs during the 1:30am to 4:30am EST hours during the London session and the 7:30am to 10:30am […]
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NASDAQ100 : Accumulation, Manipulation, Distribution
Read MoreThe accumulation, manipulation, distribution market pattern happens everyday in the markets. On October 31 2023 this pattern was visible on the NASDAQ100 index. Before any move upwards or downwards, the market needs to take out stop losses and manipulate traders to enter buy or sell orders to form liquidity for the market. This market pattern […]