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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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 […]
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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 […]
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EURUSD : Watch for Buying Opportunities
Read MoreThe EURUSD pair broke above the April 4 2024 high making a new higher high from the April 2 2024 low. The new higher high has given the pair a price range. We expect for the range low to hold looking for another rally higher. Will be watching for buying opportunities and will wait for another […]
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EURJPY : Setting Up for a Move Higher?
Read MoreAt the moment EURJPY has entered into the 1 Hour Bullish FVG/Fair Value Gap (Blue box). Will be watching for buying opportunities and will wait for another small dip lower for price to tap the 4 Hour IFVG/Inversion Fair Value Gap (Purple box). This next area (Purple box) will add more bulls to try and […]
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AUDUSD : 1:3 Risk/Reward Target Hit
Read MoreOn March 19 2024 I published an article –> AUDUSD : Setting Up for a Move Higher? , where I gave the area to look for buying opportunities. AUDUSD 1 Hour Chart March 19 2024 (Entry) AUDUSD 1 Hour Chart March 20 2024 (Target Hit/Closed Trade) Buy trade entered at 0.6522 with Stop Loss at 0.6492 and on March […]
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AUDUSD : Setting Up for a Move Higher?
Read MoreAt the moment AUDUSD has entered into the Daily Bullish FVG/Fair Value Gap (Black). There is a visible bullish AB=CD pattern (Purple) and the equal legs level of this pattern has already been tagged. An accumulation, manipulation, distribution pattern is also visible and triggers when price breaks above the MSS/Market Structure Shift (Red) which will […]