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. […]
-
EURUSD : 1:4 Risk/Reward Target Hit
Read MoreOn May 13 2024 I posted on social media @AidanFX the EURUSD BUY setup chart. The pair was in an uptrend and was trading in a range zone with 1 hour and 4 hour demand/buy zones below the equilibrium level. Chart illustrated for traders to wait for price to tap these zones before squeezing the […]
-
USDJPY : 1:6 Risk/Reward Target Hit
Read MoreOn May 9 and May 11 2024 I posted on social media @AidanFX two USDJPY BUY setup charts. The pair formed bullish patterns (Blue & Red) in the demand/buy zone (Pink and 15M Gray) where the 1st buy entry (Green) was triggered. USDJPY 5 Minute Chart May 9 2024 (1st Entry <Green>) USDJPY 5 Minute […]
-
NAS100 : 1:8 Risk/Reward Target Hit
Read MoreOn May 2 2024 I posted on social media @AidanFX the NAS100 BUY setup chart. The index was in an uptrend and price dipped lower and tapped into the 4 hour demand/buy zone (Gray) where price bounced while forming a trend continuation divergence pattern (Red). Buy entry was triggered on the lower time frame 5 […]
-
EURJPY : 1:5 Risk/Reward Target Hit
Read MoreOn April 18 2024 I posted on social media @AidanFX the EURJPY BUY setup chart. The pair was in an uptrend and price moved into the demand/buy zone (Blue) where the buy entry was triggered. EURJPY 4 Hour Chart April 18 2024 EURJPY 4 Hour Chart April 23 2024 Entered the BUY trade at 163.06 […]
-
CADJPY : 1:4 Risk/Reward Target Hit
Read MoreOn April 16 2024 I published an article –>Will CADJPY Push Higher? , where I gave a strategy on how to look for buying opportunities. CADJPY 15 Minute Chart April 17 2024 (Entry) CADJPY 15 Minute Chart April 2024 (Target Hit/Closed Trade) Buy trade entered at 111.70 with Stop Loss at 111.54 and on April 18 2024 CADJPY […]
-
Will CADJPY Push Higher?
Read MoreThe CADJPY pair has bounced higher and switched to a bullish structure against the April 12 2024 low. Looking at the 1 hour chart below, we could expect for CADJPY to dip lower below the equilibrium level and tap into either the 4 hour IFVG/Inversion Fair Value Gap (Blue) or the 4 hour FVG/Fair Value […]