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You are here: Home / Archives for Aidans Corner

Divergence Trading Patterns

CalendarSunday 17 May 2020 User By EWF Aidan

EURJPY, elliottwave, trading, market pattern, divergence, AidanFX, technical analysis, forex

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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  • GBPCAD : Will the Pair Continue Higher?

    GBPCAD : Will the Pair Continue Higher?


    In the daily time frame chart below, GBPCAD has broke the bearish lower low lower high sequence and can be setting up for another round higher. There are possible demand zones/buy zones where buyers can be waiting to push the pair higher. GBPCAD Daily Chart June 26 2022 The 4 hour chart also shows the […]

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  • GBPJPY : Possible Bullish Pattern?

    GBPJPY : Possible Bullish Pattern?


    A bullish pattern is visible on the GBPJPY 1 hour 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 GBPJPY can possibly find buyers to push the pair higher. There are a couple Demand Zones below the BC 0.50% […]

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  • Will USDJPY Continue Higher?

    Will USDJPY Continue Higher?


    The USDJPY pair has been trending higher since the start of 2021. Most recent low was terminated on May 24 2022 and has bounced higher since. At the current moment there are visible signs that another round higher could be starting. We, at EWF, always recommend our members to trade with the trend and not […]

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  • EURAUD : Catching the Sell Setup for a Move Lower

    EURAUD : Catching the Sell Setup for a Move Lower


    On June 6 2022 I posted on social media @AidanFX  “ EURAUD : I will be watching the 1.4890 area for possible selling opportunities against 1.4920 stop loss and targeting the 1.4790-1.4760 area.“ Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in […]

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  • CADJPY : Remains Bullish Pushing for New Highs

    CADJPY : Remains Bullish Pushing for New Highs


    The CADJPY chart below was posted on social media @AidanFX on May 25 2022 showing price terminating wave 2 (B alternate) in Demand Zone (Light Blue) and looking to see a reaction higher from the zone. Stochastic indicator showing divergence from wave ((a)) low to wave ((c)) low and hit oversold levels confirming a possible […]

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  • AUDJPY : Will the Pair Move Higher?

    AUDJPY : Will the Pair Move Higher?


    On May 18 2022 I posted on social media the AUDJPY 4 hour chart bullish scenario. In the chart below there are clear visible bullish market patterns that are calling for  a move higher.  Blue bullish market pattern already triggered BUYS at the pattern entry line where point 5 terminated. Red  bullish pattern also triggered  BUYS […]

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