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You are here: Home / Archives for Aidans Corner

Divergence Trading Patterns

CalendarSunday 17 May 2020 User By EWF Aidan

EURJPY, elliottwave, trading, market pattern, divergence, AidanFX, technical analysis, forex

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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  • EURUSD : Bearish Market Patterns

    EURUSD : Bearish Market Patterns


    EURUSD Technical Analysis August 18/2019 In January of 2019 I published the EURUSD SELL breakout trade setup (EURUSD: Will Pair Break Lower) explaining that bearish market patterns were clearly visible and was calling for a move lower towards 1st Target at 1.1060. EURUSD Daily Chart 1.23.2019 Fast forward to August 2019. In the chart below […]

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  • GBPUSD : Calling the Move Lower

    GBPUSD : Calling the Move Lower


    GBPUSD Technical Analysis Start of the trading week of August 4 – 9 / 2019 EWF members were already advised to watch for GBPUSD to make another move lower. The GBPUSD 1 Hour chart below, from our members area, clearly advises our members to watch for the termination of Wave ((iv)) in the blue box […]

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  • NZDJPY : Watch for Another Push Higher

    NZDJPY : Watch for Another Push Higher


    NZDJPY Technical Analysis July 25/2019 NZDJPY has a clear bullish market pattern that has already formed. In the 4 hour chart below the blue bullish market pattern has already triggered buyers to enter the market at the BC 0.50% Fib. retracement level. The BC 0.50% level also aligns with a support/resistance structure (possible reversal zone) […]

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  • AUDUSD : Low Risk Trade Setup

    AUDUSD : Low Risk Trade Setup


    AUDUSD Technical Analysis July 17/2019 AUDUSD : A possible bearish pattern is clearly visible on the 15 minute chart. The blue bearish pattern still needs to make a small push higher to complete point D at the BC 0.50% Fib. retracement level where sellers will be possibly waiting to push the AUDUSD pair lower towards […]

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  • USDJPY : Trading Confluence Zones

    USDJPY : Trading Confluence Zones


    USDJPY Technical Analysis USDJPY last week signalled bulls to enter the market. Why did traders decide to “BUY” the USDJPY pair towards the end of the week for a push higher? Some speculators will say because of fundamental analysis/news but technical traders will say because price hit a confluence zone. Trading confluence is when 2 […]

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  • NZDJPY : Possible Scenario Higher?

    NZDJPY : Possible Scenario Higher?


    NZDJPY Technical Analysis June 23/2019 NZDJPY remains bullish as long as the June 18/2019 low remains untouched. On the 15 minute time frame there are clear visible bullish patterns that can be seen.  In the chart below, market patterns are used to determine where price can possibly pause and reverse higher. The green bullish  pattern […]

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