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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EURGBP : Using Market Patterns to Trade the Move Higher
Read MoreOn September 3 2020 I posted on social media Stocktwits/Twitter @AidanFX “LONGSIDE EURGBP“. The chart below was also posted September 3 2020 showing that bullish market patterns were visible on the 4 hour chart calling for a move higher. Bullish Pattern (green) triggered BUYS at the XA 1.27 Fib. retracement level and the bullish AB=CD pattern […]
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NZDUSD : Possible Move Higher?
Read MoreNZDUSD Technical Analysis September 9/2020 NZDUSD remains bullish as long as the August 20/2020 0.6488 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine possible trade entries. In the chart below, there is a possible bullish pattern that can trigger BUYS for another push higher. Possible blue […]
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EURJPY : Market Patterns Continue to Call the Move Higher
Read MoreOn August 21 2020 I posted on social media Stocktwits/Twitter @AidanFX “Added LONG/BUY EURJPY” The chart below was also posted on social media StockTwits/Twitter @AidanFX August 21 2020 showing that bullish market patterns were visible on the 1 hour chart calling for a move higher. Bullish Pattern (blue) triggered BUYS at the XA 0.886 Fib. […]
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EURJPY : Visible Market Patterns Signalling the Move Higher
Read MoreOn July 29 2020 I posted on social media Stocktwits/Twitter @AidanFX “EURJPY if we break above 123.98 then i will looking to BUY “ The chart below was also posted on social media StockTwits/Twitter @AidanFX July 29 2020 showing that a bullish Cup & Handle pattern was clearly visible on the 4 hour chart calling […]
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USDCAD : Market Patterns Signalling the Move Lower
Read MoreThe chart below of the USDCAD pair was posted on social media StockTwits/Twitter @AidanFX July 21 2020 showing that a bearish market pattern (light blue descending triangle) formed and triggered SELLS when price broke below the triangle. A bearish Head and Shoulders (purple) pattern also signalled sellers to enter on the breakout below the neckline […]
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NZDUSD : A Dip Lower Will Find Bulls
Read MoreNZDUSD Technical Analysis August 8/2020 NZDUSD remains bullish as long as the June 22/2020 0.6378 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine where price can possibly reverse and bounce higher from. In the chart below, there are several possible bullish patterns that can trigger BUYS […]