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 : Bullish Market Patterns Calling the Move Higher
Read MoreOn July 23 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPCAD Watch for BUYS against 1.6975 stops“ The charts below was also posted on social media StockTwits/Twitter @AidanFX July 23 2020 showing that bullish market patterns were clearly visible on the 1 hour chart calling for a move higher. Bullish pattern (orange) triggered buyers […]
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GBPJPY : Market Patterns Signalling the Move Higher
Read MoreOn July 15 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPJPY LONG/BUY at 134.47 Stop Loss at 133.97 Target 1 at 134.97 Target 2 at 134.47 Target 3 at 134.97“ The chart below was also posted on social media StockTwits/Twitter @AidanFX July 15 2020 showing that a bullish market pattern (light blue) formed signalling buyers […]
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USDCAD : Market Patterns Signalling the Move Lower
Read MoreOn July 7 2020 I posted on social media Stocktwits/Twitter @AidanFX “USDCAD I will continue looking for SELLS as long price stays below 1.3624. It’s entering the area where can possibly turn lower.“ The chart below was posted on social media StockTwits/Twitter @AidanFX July 8 2020 showing that a bearish market pattern (blue) formed signalling sellers […]
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EURAUD : Remains Bearish Pushing for New Lows
Read MoreOn June 30 2020 I posted on social media Stocktwits/Twitter @AidanFX “EURAUD Sold 2nd position at 1.6308 with Stop Loss at 1.6448“. The chart below was also posted on social media StockTwits/Twitter @AidanFX June 30 2020 showing that a bearish market pattern (light blue) terminated at the point D June 12 2020 high which signalled traders […]
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EURGBP : Trading the Rally Higher
Read MoreSince the start of May 2020 we at ElliottWave-Forecast have been advising our members that the EURGBP pair was going to rally higher. I published an article in May 2020 and another article start of June 2020 calling for the EURGBP move higher. On June 9 2020 I posted on social media Stocktwits/Twitter @AidanFX “Added 2nd […]
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GBPUSD : Market Patterns Signalling the Move Lower
Read MoreOn June 16 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPUSD watching for SELLS“. The chart below was also posted on social media StockTwits/Twitter @AidanFX June 16 2020 showing that a bearish market pattern (blue) formed which then triggered the pair to react with a move lower. A bearish divergence pattern (purple) also formed […]