

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 : Will the Pair Bounce Higher?
Read MoreEURGBP Technical Analysis March 30/2020 EURGBP : There are clear visible bullish market patterns on the 1 hour chart but traders will still need to wait for more confirmation that a bottom will form and for price to bounce higher. Bullish AB=CD pattern triggers BUYS in the BC 1.27-1.618 Fib. levels. Price has already reached […]
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USDJPY : Bullish Momentum Breakout Pattern
Read MoreUSDJPY Technical Analysis In our members only area, we posted the USDJPY 1 Hour Chart (London Update) advising our members/clients that the pair would continue rallying higher and for traders to continue looking for possible buying opportunities. USDJPY 1 Hour Chart March 18/2020 (Members Only Area) USDJPY 1 Hour Chart March 19/2020: Once price broke above […]
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GBPJPY AUDJPY : Calling the Move Lower
Read MoreGBPJPY Technical Analysis On March 17/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$GBPJPY will extend lower towards 126.60 area.“ GBPJPY 1 Hour Chart 3.17.2020 : The chart below was also posted on social media (StockTwits/Twitter) @AidanFX March 17/2020 showing that a bearish divergence pattern (purple) was forming on price and indicator. The GBPJPY chart shows that […]
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CADJPY : Catching the 600 Pip Drop
Read MoreCADJPY Technical Analysis On March 4/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$CADJPY Break below 79.88 and I’m selling … lets see if we see any downside momentum“ CADJPY 1 Hour Chart 3.4.2020 : The chart below was also posted on social media (StockTwits/Twitter) @AidanFX March 4/2020 showing that a bearish descending triangle breakout pattern […]
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AUDJPY : Multiple Time Frames to Identify a Trade Setup
Read MoreAUDJPY Technical Analysis Every trader should always view the market in the “bigger picture” first. Viewing the market starting from a higher time frame down to a lower time frame will offer a trader a clearer picture of the markets and will also allow a trader to ultimately decide which side to trade. AUDJPY Daily Chart […]
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AUDUSD : Trading the Break Lower
Read MoreAUDUSD Technical Analysis On February 25/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$AUDUSD watch for selling opportunities for extension lower .” AUDUSD 1 Hour Chart 2.25.2020 : The chart below was also posted on social media (StockTwits/Twitter) @AidanFX February 25/2020 showing that a bearish descending triangle breakout pattern (blue) was forming. I called for traders […]