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 : Bullish Market Patterns Signalled the Move Higher
Read MoreOn February 11 2025 I posted on social media @AidanFX the EURUSD bullish buy setup. i. Price respects bullish demand zones (Pink Box and Blue Box) ii. Bullish harmonic market pattern (Yellow) forms and terminates pattern in demand zone (Pink Box) signalling reversal higher. iii. Price breaks above daily IFVG (Gray Box), CHoCH (Change of […]
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AUDJPY : Trade Setup for a Move higher
Read MoreThe AUDJPY chart below clearly shows a bullish harmonic pattern (Light Blue) with a bullish divergence pattern (Red) terminating in a demand zone (Gray) signalling that the pair could reverse higher. I posted the chart below on social media @AidanFX on February 14 2025 and currently waiting for price to move lower to tap the […]
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USDCAD : Moves Higher as Expected and Hits the 1:4 Risk/Reward Target
Read MoreOn January 15 2025 I published an article –> Will USDCAD Rally Higher? , where I gave a BUY/LONG trade setup. USDCAD January 15 2025 (Setup/Entry) USDCAD January 17 2025 (Target Hit/Trade Closed) Buy trade entered January 15 2025 at 1.4334 with Stop Loss at 1.4301 and on January 17 2025 USDCAD moves higher and hits the 1:4RR target […]
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EURJPY : Bearish Market Patterns Signalled the Move Lower
Read MoreOn January 24 2025 I posted on social media @AidanFX the EURJPY bearish sell setup. i. Price enters and respects bearish 4 Hour supply zone (Gray Box) ii. Bearish harmonic market pattern forms and terminates pattern in supply zone (Light Blue) signalling reversal lower. iii. Bearish regular divergence pattern (Red) forms and terminates in supply […]
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CADJPY : Moves Lower as Expected and Hits the 1:5 Risk/Reward Target
Read MoreOn December 30 2024 I published an article –>Will CADJPY Move Back Lower Towards the 106 Handle? , where I gave a trade setup on where to look for selling opportunities. CADJPY Daily Chart December 30 2024 (Setup) CADJPY Daily Chart January 6 2025 (Entry) CADJPY Daily Chart February 3 2025 (Target Hit/Trade Closed) Sell trade entered January […]
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Will USDCAD Rally Higher?
Read MoreBefore the start of the January 13 2025 trading week we called for USDCAD to make a move lower first and terminate the wave ((ii)) which will then be followed by a rally higher. The Elliott Wave chart below advises to our members to watch for buying opportunities once the wave ((ii)) terminates with 1.4276 […]