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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EURUSD : Bearish Patterns Calling for a Move Lower?
Read More***OCTOBER 31 2023 : EURUSD SELL Trade was stopped out for -20 pips*** EURUSD Sell trade entered at 1.0622 with a 20 pip Stop Loss at 1.0642. Targets at 1.0582 (1:2RR minimum target) and 1.0522 (1:5RR maximum target). The pair can still make a small push higher to grab buyside liquidity from today’s high but […]
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EURUSD : Catching the 130 Pip 1:10 Risk/Reward Move Higher
Read MoreOn October 17 and 18 2023 I posted on social media, @AidanFX , “EURUSD: Expecting for bulls/buyers to attack the weak structure high and break above to the liquidity level and to the supply/next area of interest zone. Let’s see what it does in the rest of the trading week.” and “EURUSD: Will be looking to […]
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GBPUSD : Sell Trade Hits Targets
Read MoreOn October 4 2023 I posted on social media @AidanFX ” Sold GBPUSD at 1.21684 Stop Loss at 1.21784 Target at 1.21384.” SELL Trade Setup 1. Price entered the 1 Hour supply zone area signalling a reversal move lower. (Pink) 2. Bearish Wyckoff distribution schematic pattern (Black Labels) terminating in the supply zone signalling a […]
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USDCAD : Catching the 80 Pip 1:4 Risk/Reward Move Higher
Read MoreOn September 24 2023 I posted on social media, @AidanFX , a USDCAD 15 Minute chart signalling for buys on a dip lower. BUY Trade Setup 1. Trending up on a higher high / higher low sequence signalling bullish bias. 2. Price has bounced off the first demand zone and a bullish divergence pattern signalling more […]
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EURAUD : Sell Trade Hits Targets
Read MoreThe EURAUD pair has been on a down trend since August of 2023. We at EWF always encourage our members to trade with the trend and not against it. On September 24 2023 I posted on social media @AidanFX ” EURAUD sold at 1.6569 Stop Loss at 1.6604 Target at 1.6499.” SELL Trade Setup 1. […]
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EURUSD : Catching the 100 Pip 1:5 Risk/Reward Move Lower
Read MoreThe EURUSD pair has been on a down trend since July of 2023. As the saying goes, trade with the trend and not against it. SELL Trade Setup 1. Price entered the 1 Hour supply zone area where sellers are waiting to push price lower. (Red) 2. Double bearish Wyckoff distribution schematic patterns (Green and […]