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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 : Sell Trade Setup

    EURUSD : Sell Trade Setup


    EURUSD Technical Analysis May 7/2019 EURUSD : Bearish market patterns can be seen on the EURUSD 15 minute chart. In the chart below blue bearish pattern triggers SELLS at the BC 0.50% Fib. retracement level. The orange bearish pattern already has triggered SELLS at the AB=CD 1.0% Fib. extension level signalling for more downside in […]

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  • AUDCAD : SELL Trade Setup

    AUDCAD : SELL Trade Setup


    AUDCAD Technical Analysis April 30/2019 AUDCAD : A bearish market pattern is forming on the 1 hour chart but has yet to trigger entry. In the chart below the blue bearish pattern still needs to make a small push higher to tag the XA 0.786% Fib. retracement level where price can see a possible reversal […]

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  • GBPAUD : Top Down Analysis

    GBPAUD : Top Down Analysis


    GBPAUD Technical Analysis April 2019 Every trader should always view the market in the “bigger picture” first. Viewing the market starting from the  higher time frame down to the lower time frames will offer a trader a better perspective on the possible price movements that the market can do. A “top down analysis”  will offer […]

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  • EURCAD : Bearish Patterns Calling Lower?

    EURCAD : Bearish Patterns Calling Lower?


    EURCAD Technical Analysis April 21/2019 EURCAD : Bearish market patterns can be seen on the EURCAD pair. In the first chart below both the blue and pink bearish patterns already triggered SELLS on the 15 minute time frame. Blue bearish pattern triggered SELLS at the BC 0.50% Fib. retracement level and the pink bearish pattern […]

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  • GBPJPY : Will Pair Continue Lower?

    GBPJPY : Will Pair Continue Lower?


    GBPJPY Technical Analysis April 10/2019 GBPJPY : Bearish market patterns can be seen on the GBPJPY 4 hour chart. In the chart below a blue bearish Head and Shoulders pattern is visible and price has already broken below the Neck Line which can be signalling for more possible downside in the coming trading sessions. As […]

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  • GBPAUD : Market Patterns Calling More Downside?

    GBPAUD : Market Patterns Calling More Downside?


    GBPAUD Technical Analysis April 2/2019 GBPAUD : Bearish market patterns can be seen on the GBPAUD 1 hour chart. In the chart below both the blue and pink bearish patterns already triggered SELLS. Blue bearish pattern triggered SELLS at the BC 0.50% Fib. retracement level and the pink bearish pattern triggered SELLS at the XA […]

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