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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EURJPY : 1:6 Risk/Reward Target Hit
Read MoreOn October 9 2024 I posted on social media @AidanFX the EURJPY BUY setup “Watch for BUYSIDE EURJPY against 163.08 Stop Loss and looking for Targets at the 163.325 – 163.36 area”. The EURJPY 5 Minute chart clearly shows the pair tapped into a bullish demand zone (Gray) where price reacted with a bounce higher […]
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EURUSD : 1:3 Risk/Reward Target Hit
Read MoreOn September 24 2024 I posted on social media @AidanFX the EURUSD BUY entry with the 1 hour chart. The chart illustrated for traders that the pair tapped into a bullish demand zone (Gray box) and reacted with a move higher. Price also tapped into a daily bullish zone (Blue box) and formed a bullish […]
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EURJPY : 1:4 Risk/Reward Target Hit
Read MoreOn September 24 2024 I posted on social media @AidanFX the EURJPY BUY setup chart. The EURJPY 15 Minute chart clearly shows the pair tapped into a 4 Hour bullish zone (FVG/Fair Value Gap) where price reacted with a bounce higher. Added confluences was the bullish price and indicator divergence pattern forming in the bullish […]
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EURJPY : 1:3 Risk/Reward Target Hit
Read MoreOn September 22 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 5 Minute chart. Chart illustrated for traders that the pair tapped into a bullish demand zone (Gray) and reacted with a move higher. Price retraced back lower which then tapped into and respected a combination of a bullish demand […]
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GBPJPY : Can the Pair Extend Lower?
Read MoreThe chart below of the GBPJPY pair is currently trending to the down side. GBPJPY has been moving lower since July 2024. The pair has formed a bearish divergence pattern (Red) signalling for a possible continuation lower. If looking to trade GBPJPY, traders should be patient and wait for price to push higher. Wait for […]
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EURUSD : 1:2 Risk/Reward Target Hit
Read MoreOn September 6 2024 I posted on social media @AidanFX the EURUSD SELL chart. The pair entered a cluster of 4 hour bearish zones (Supply/FVG/Breaker) signalling for a possible move lower. Seeing how price pushed higher, wicked the supply zone then moved back lower and closed near the open of the 4 hour candle was […]