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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USDJPY : Buy Trade Hits Targets
Read MoreOn June 6 2023 I posted on social media @AidanFX “LONG/BUY USDJPY at 139.23 Stop Loss at 139.03 Target/TP at 139.83 (1:3RR)“ BUY Trade Setup 1. Price breaks above internal structure lower high (MSS Red Line) forming a market structure shift pattern signalling bearish weakness. 2. RSI indicator and price form a bullish trend reversal […]
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EURAUD : Catching the 420 Pip 1:7 Risk/Reward Move Lower
Read MoreOn May 29 2023 I published an article ” EURAUD : Multi Time Frame Trade Setup ” where I explained that the EURAUD pair could be signalling for a move lower using multiple time frame analysis. Using the Weekly, Daily and 4 Hour charts I showed that market structure could be starting to shift bearish. The […]
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EURAUD : Multi Time Frame Trade Setup
Read MoreMarket structure on the higher and lower time frames on the EURAUD pair can be signalling for more downside in the coming new trading week. Only a break above the April 26 2023 high will invalidate the bearish scenario and could push the pair higher to the next zone where the weekly chart FVG (Gray […]
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EURJPY : Sell Trade Hits Target
Read MoreOn May 15 2023 I posted on social media @AidanFX “ Sold/Short EURJPY at 147.96 Stop Loss 148.11 Target 147.66.“ SELL Trade Setup 1. Price reacted lower from the 1 hour supply zone May 15 2023. (Pink) 2. Price respected the 5 minute supply zones May 15 2023. (Purple and Blue) 3. Price respects the […]
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EURUSD : Sell Trade Hits Targets
Read MoreOn May 12 2023 I posted on social media @AidanFX “ Sold/Short EURUSD at 1.09297 Stop Loss 1.09357 Target 1.09177 – 1.09117 area.“ Sell Trade Setup 1. Price sweeps the Asia high for a liquidity grab fuelling the sell side. 2. Price enters the 15 minute bearish supply/selling zone. (Blue box) 3. Bearish divergence pattern […]
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GBPUSD : Sell Trade Hits Targets
Read MoreOn May 5 2023 I posted on social media @AidanFX “ Sold GBPUSD at 1.2605 Stop Loss 1.2620 Target 1.2582 – 1.2575 area.“ Sell Trade Setup 1. Price sweeps the Asia high for a liquidity grab fuelling the sell side. 2. Price breaks below the internal structure higher low (1st MSS Red Line) signalling bearish […]