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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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  • 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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  • AUDJPY : Catching the Trend Lower

    AUDJPY : Catching the Trend Lower


    AUDJPY Short Term Technical Analysis AUDJPY on March 8/2019 the pair bounced and traded higher. Price started a Higher High/Higher Low sequence and trended higher for the entire trading week of March 11-15/2019. In the chart below the ADX (Average Directional Movement Index) signalled that the move  to the upside was losing momentum at the start […]

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  • EURAUD : Trading Elliott Waves with Market Patterns

    EURAUD : Trading Elliott Waves with Market Patterns


    EURAUD Technical Analysis March 17/2019 EURAUD SELL/SHORT Trade : Elliott Wave count for EURAUD shows wave ((a)) completed starting from the March 6/2019 highs and has since corrected higher to terminate possibly the wave ((b)) at the March 14/2019 high. Using Market Patterns together with a working Elliott Wave count allows traders to get more […]

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