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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AUDUSD : Trading the Move Higher
Read MoreOn February 24 2021 AUDUSD was showing bullish market patterns that was signalling traders that there was a high probability that the pair would make a move higher. The pair has been trending higher since the March 2020 bottom low and we at EWF always advise our members to trade with the trend and not against […]
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EURJPY : Rallied Higher as Expected
Read MoreOn February 7/2021 I published an article calling for EURJPY to advance higher -> EURJPY : Expecting More Upside . In that article I explained why I entered the first BUY entry (green) at 126.22. In that same article I posted a second trade setup calling for another rally higher once we see a pullback towards […]
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EURNZD : Bearish Market Patterns Signalling the Move Lower
Read MoreOn February 12/2021 EURNZD was showing bearish market patterns that was signalling traders that there was a high probability that the pair could make a move lower. The pair has been trending and moving lower since the March 2020 peak high and we at EWF always advise our members to trade with the trend and […]
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AUDJPY Moves Higher as Expected
Read MoreThe AUDJPY chart below was posted in the EWF members only area January 30/2021 (Weekend update) showing any dips should be looked at as buying opportunities against the invalidation level at 79.19. Wave count was calling for another push lower where the wave ((ii)) black should terminate which would signal for buyers to get in […]
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EURJPY : Expecting More Upside
Read MoreOn February 2/2021 I posted on social media @AidanFX “EURJPY as long price stays above 125.59 the pair can push higher.” and “GBPJPY EURJPY will be watching for buying opportunities. Both pairs can push higher.“ The chart below was also posted on social media @AidanFX February 4/2021 showing that EURJPY was entering a zone where the pair can […]
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AUDJPY : Will the Pair Move Higher?
Read MoreIn the chart below there are clear visible bullish market patterns that are calling for another move higher for the AUDJPY pair. Blue bullish market pattern already triggered BUYS at the XA 0.886% Fib. retracement level. Also a bullish trend continuation divergence pattern (pink) has formed at the same XA 0.886% level which is adding […]