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. […]
-
GBPCAD : Bearish Patterns Signalling the Move Lower
Read MoreOn December 9 2020 I posted on social media @AidanFX “GBPCAD watch for selling opportunities.” The charts below were also posted on social media @AidanFX December 9 2020 showing the possible bearish patterns. Blue bearish pattern triggered SELLS at the XA 1.27% Fib. retracement level and the brown AB=CD bearish pattern also triggered SELLS in […]
-
EURAUD : Trading with the Trend
Read MoreSince October 20/2020 EURAUD has been been moving and trending lower. We at EWF always encourage our members to trade with the trend and not against it. On November 23 2020 I posted the SELL/SHORT trade setup entry on social media @AidanFX “EURAUD @ 1.6232 SL @ 1.6272 TP1 @ 1.6192 TP2 @ 1.6152.” EURAUD […]
-
XAGUSD : Calling the Move Lower
Read MoreOn November 18 2020 I posted on social media @AidanFX “XAGUSD Watching for selling opportunities. Expecting more downside. XAGUSD as long price stays below 25.07 expect a move lower towards the 23 handle.” The chart below was also posted on social media @AidanFX November 18 2020 showing the SELL entry. I called for traders to SELL/SHORT […]
-
EURCAD : Can the Pair Extend Higher and Hit Targets?
Read MoreSince November 17/2020 EURCAD has been trending lower but visible bullish patterns on the 1 Hour time frame can be seen signalling traders of a possible move higher. On the 1 hour time frame a bullish market ascending triangle breakout pattern (light blue) and a bullish trend line breakout (green) was visible and on November […]
-
GBPAUD : Will the Pair Move Higher?
Read MoreThere are visible bullish patterns on the GBPAUD 1 Hour time frame that can be signalling traders of a possible move higher. The blue bullish market pattern already triggered buyers at the BC 0.50% Fib. retracement level and the pair reacted with a small push higher from this level. At the moment more confirmation of […]
-
GBPCAD : Market Patterns Calling the Move Higher
Read MoreOn October 27 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPCAD Watch for a move higher. Will be watching for possible buying opportunities.” The chart below shows bullish market patterns were visible and were calling for a move higher. Bullish Pattern (purple) triggered BUYERS at the BC 0.50% Fib. retracement level where the point D of […]