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 : Moved Lower as Expected
Read MoreOn January 31 2023 I published the article: AUDJPY : Possible Move Lower? calling for the pair to top out and reverse lower. There were several market patterns and signals calling for a move lower. SELL Trade Setup 1. Ending diagonal pattern calling for reversal lower. (Black) 2. Price trending lower making a lower low […]
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XAUUSD : Will Gold Find Support and Bounce Higher?
Read MoreA bullish pattern is visible on the XAUUSD Daily time frame. The blue bullish pattern still needs to make a push lower to complete point D at the BC 0.50% Fib. retracement level where gold can possibly find support and find buyers to push the price higher. There is a demand zone (Red) below the […]
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EURGBP : Will the Pair Continue to Push Lower?
Read MoreOn January 10 2023 I published an article ” EURGBP : Trading Zones ” where I gave the area on which to look for selling opportunities. In the article I wrote “if price pushes higher to the supply zone (red) then watch possible selling opportunities against 0.8980 stops.” *I also took the buy trade from […]
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AUDUSD : Sell Trade Hits Targets
Read MoreSince the start of February 2023, AUDUSD 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 February 23 2023 I posted the AUDUSD 15 Minute chart on […]
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EURGBP : Catching the 200 Pip 1:10 Risk/Reward Move Higher
Read MoreOn January 10 2023 I published an article ” EURGBP : Trading Zones ” where I gave the area on which to look for buying opportunities. In the article I wrote “possible trade setups will be if price pushes lower to the demand zone (blue) then watch for possible buying opportunities against 0.8711 stops.” The […]
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AUDJPY : Catching the Move Lower
Read MoreOn February 1 2023 I posted the AUDJPY 15 Minute chart on social media @AidanFX calling to fade and look for sells on any move higher towards the 1 Hour and 15 Minute supply zones. SELL Trade Setup 1. February 1 2023 failed to break higher signalling weakness. 2. Price breaks below internal structure lower […]