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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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  • NZDUSD : Wait for Pullback then Buy Again

    NZDUSD : Wait for Pullback then Buy Again


    NZDUSD is showing 2 bullish patterns on the daily chart so we are expecting for the pair to continue higher. A move lower will now give bulls a chance to push the pair higher. Below we will show the possible bullish scenarios where bulls can enter the market and catch the move higher. NZDUSD Daily Chart 2 […]

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  • EURCAD : Sell the Bounce Bearish Pattern

    EURCAD : Sell the Bounce Bearish Pattern


    Today’s price action confirms that a possible top has been formed at the June 2/2017 high and EURCAD can be on the way lower to close a market gap that formed on April 23/2017. The turn lower will now give bears a chance to push the pair lower. Below we will show a possible scenario/bearish pattern […]

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  • AUDNZD Possible Bounce Higher?

    AUDNZD Possible Bounce Higher?


    AUDNZD since March 13/2017 has been moving lower. There are possible bullish patterns that can push the pair higher but traders need to see AUDNZD price action slow down and show possible signs that it wants to reverse and bounce higher. AUDNZD 4 hour Elliott Wave Analysis May 29/2017 : The pair can find support at […]

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  • GBPNZD Short Term Bullish Patterns

    GBPNZD Short Term Bullish Patterns


    GBPNZD on the Daily and 4 hour time frames has been pushing higher and is on a bullish trend. Shifting down to the 1 hour time frame we can see possible bullish scenarios where bullish patterns can offer support and push the pair higher. As long as GBPNZD stays above the May 2/2017 low (1.8555) […]

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  • EURUSD Perfect Trade Higher April 23-25 2017

    EURUSD Perfect Trade Higher April 23-25 2017


    EURUSD on April 23/2017 spiked higher at the open of the new trading week. A technical trader is never really concerned as to why the market spiked or dropped but more concerned in how to profit from the drastic market move. After the spike higher it became clear in which direction EURUSD wanted to take […]

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  • NZDUSD Technical Analysis April 18/2017

    NZDUSD Technical Analysis April 18/2017


    NZDUSD found temporary support and has bounced higher on April 12/2017. At this moment, bias remains bullish and we expect the pair to continue higher in the coming trading sessions. Bulls will be waiting on any pullbacks to push the pair higher. NZDUSD 1 Hour Chart Bullish Patterns: The blue bullish pattern has already triggered a […]

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