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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EURAUD : Buy Trade Hits Targets
Read MoreSince August of 2022 EURAUD has bounced higher and has been trending to the upside making higher highs and higher lows. We at EWF always encourage our members to trade with the trend and not against it. A trader should always have multiple strategies all lined up before entering a trade. Never trade off one […]
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EURJPY : Scalping the Move Lower
Read MoreOn April 13 2023 I posted the EURJPY 5 Minute chart on social media @AidanFX calling for the pair to make another move lower. Sell scalp trade was entered after a clear visible rejection in the supply zone (2nd pink box) with a tight 7 pip stop. SELL Trade Setup 1. The pair attempted to […]
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USDJPY : Sell Trade Hits Targets
Read MoreOn April 4 2023 I posted on social media @AidanFX ” USDJPY will look for sells against 133.18 stops targeting the 132.28 – 131.98 area.” SELL Trade Setup 1. Price reacted lower from the 4 hour supply zone signalling more downside. 2. Price breaks below internal structure lower highs (ChoCh and BOS Black Line) signalling […]
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AUDUSD : Sell Trade Setup
Read MoreAt the moment AUDUSD is currently pushing lower from when it topped out on February 2 2023. Looking at the 4 hour chart below we can see and could still expect for the pair to continue pushing lower on reasons that the pair is currently in a lower low / lower high sequence. Price has […]
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AUDJPY : Sell Trade Hits Targets
Read MoreSince February 14 2023, AUDJPY has been trending to the downside making lower lows and lower highs. Knowing that the pair is on a down trend it would only make sense for a trader to look for possible sell trade setups. On March 21 2023 I posted the AUDJPY 1 hour chart on social media […]
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EURUSD : Possible Buy Zones
Read MoreAt the moment EURUSD is currently pushing higher from the March 15 2023 low. Short term intraday analysis is signalling that the pair can still continue higher. Price has broke above the March 15 high (red MSB) on the 1 hour chart while the pair has been making higher highs and higher lows signalling a […]