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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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 […]
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EURUSD : Buy Trade Hits Targets
Read MoreSince September 2022 EURUSD 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. Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability […]
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AUDJPY : Possible Move Lower?
Read MoreAt the moment AUDJPY is currently pushing lower from the September 13 2022 high. Looking at the Daily chart below we could still expect for the pair to continue pushing lower on reasons that the pair is currently in a lower low / lower high sequence and a visible bearish divergence pattern is forming signalling […]
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GBPUSD : Buy Trade Hits Targets
Read MoreOn January 13 2023 the GBPUSD pair was showing clear bullish patterns for another move higher on the short term smaller time frame. Any trades based on smaller time frames should always be “in and out” trades, meaning when targets hit close the trade no matter if price extends for more gains. Confluence trading is […]
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EURGBP : Trading Zones
Read MoreAt the moment EURGBP is currently pushing lower from the December 30 2022 high. Looking at the 4 hour chart below we should expect for the pair to continue pushing lower towards the demand zone (blue), but before the move lower watch for selling opportunities in the supply zone (purple) for the pair to find […]