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 : Catching the Move Lower
Read MoreSince February 24/2021, GBPCAD has been trending to the downside. To determine if a market is trending, price action must be forming higher highs/higher lows in an uptrend and lower lows/lower highs in a downtrend. We at EWF always recommend our clients to trade with the trend and not against it. On March 23 2021 […]
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AUDJPY : Bullish Market Patterns Calling the Move Higher
Read MoreOn March 8 2021 I posted on social media @AidanFX “AUDJPY LONG at 83.40 Stop Loss at 82.77 Target 84.03 – 84.34 area.” and “AUDJPY 2nd LONG at 83.43 Stop Loss at 83.12 Target 83.74 – 84.03 area.” The chart below was also posted on social media @AidanFX March 8 2021 showing several clear […]
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EURJPY : Catching the Move Higher
Read MoreOn March 9 2021 I posted on social media @AidanFX “EURJPY LONG at 109.24 Stop Loss at 128.73 Target 129.75 – 130.00 area.” The chart below was also posted on social media @AidanFX March 9 2021 showing several clear bullish market patterns. The first sign that signalled a trader to watch for BUYING opportunities was […]
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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 […]