

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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USDCHF : Possible Rally Higher?
Read MoreUSDCHF Technical Analysis 12.22.2017 USDCHF is showing two possible bullish patterns. Blue bullish pattern already triggered buys at the blue BC 0.50% Fib. retracement level and price is currently trying to breakout above the purple bullish wedge pattern. More confirmation of a possible rally higher will be if price actually breaks above the top of […]
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EURAUD : 7 Days, 5 Trades, 675 Pips
Read MoreEURAUD Technical Analysis EURAUD had great structure and market patterns during the week from November 22 2017 to December 1 2017. Allow me to elaborate a little on what I mean by “market patterns”. When you go to the bookstore or read anything online on technical analysis almost every author will write about basic or advanced […]
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AUDCAD : Selling Opportunity
Read MoreAUDCAD Technical Analysis 12.4.2017 AUDCAD has already pushed lower since it formed a top last week on November 30 2017. The pair is showing bearish patterns which has already sold off from. Red bearish pattern triggered sells at the red BC 0.50% Fib. retracement level where the pair reversed lower from that area. To add […]
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AUDJPY : Possible Bounce Higher (Part 2)
Read MoreAUDJPY Technical Analysis 11.9.2017 Just to add on to the article published on October 27 2017 “AUDJPY : Possible Bounce Higher” we can now see more bullish patterns that can push AUDJPY higher if it reaches levels lower. In the original article we had and still have a bullish pattern that triggers buys at the purple […]
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AUDUSD Needs Another Move Lower
Read MoreAUDUSD Technical Analysis 10.30.2017 AUDUSD is currently in a Elliott Wave impulse five wave move lower from the October 13 high. The pair is currently in the blue wave (4) correction higher and traders should watch for the termination of this wave for another push lower towards the possible fifth wave target at 0.7580 area. […]
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AUDJPY : Possible Bounce Higher
Read MoreAUDJPY Technical Analysis 10.27.2017 AUDJPY has been trending to the upside making higher highs and higher lows since June 24/2016 on the Daily chart. On the 4 hour (Chart below) we can see a possible bullish pattern that can extend the trend higher and push AUDJPY to new highs. The chart below we can see […]