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 x2 Targets Hit
Read MoreOn November 19 2024 I posted on social media @AidanFX the EURUSD SELL scenario. The pair entered a bearish supply zone (Gray Box) signalling for a move lower. Added bearish/selling confirmation was a bearish divergence market pattern (Red) formed and terminated in the same supply zone. Both combined bearish patterns was enough for me to […]
-
EURJPY : 1:5 Risk/Reward Target Hit
Read MoreOn November 14 2024 I posted on social media @AidanFX the EURJPY bearish scenario. The pair entered a bearish supply zone (Pink Box) signalling for a possible move lower. Added bearish/selling confirmations were previous support level (Dark Blue) was acting as a resistance level, a bearish reciprocal AB=CD market pattern (Light Blue) terminated point D […]
-
EURJPY : 1:2 Risk/Reward Target Hit
Read MoreOn November 4 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 1 hour chart. The chart illustrated for traders that price and indicator oscillator formed and terminated a bullish divergence pattern (Red) signalling upside. The pair pushed higher then quickly retraced lower and entered a bullish demand zone (Blue box) […]
-
EURJPY : 1:5 Risk/Reward Target Hit
Read MoreOn October 29 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 1 hour chart. The chart illustrated for traders that the pair entered a bullish demand zone (Gray box) and a Accumulation, Manipulation, Distribution bullish pattern was also forming. Price and indicator oscillator also formed and terminated a bullish divergence […]
-
EURJPY : 1:4 Risk/Reward Target Hit
Read MoreOn October 21 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 1 hour chart. The chart illustrated for traders that the pair was in a higher high / higher low sequence and the pair entered a bullish 1 hour demand zone (Gray box). Price also formed and terminated a bullish […]
-
EURJPY : 1:3 Risk/Reward Target Hit
Read MoreOn October 14 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 5 Minute chart. EURJPY already signalled a short term bullish bias when price broke above the dark blue change of character level (CHoCH). The chart shows that the pair retraces into a bullish demand zone (Blue) and also tapped […]