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. […]
-
GBPUSD : 1:3 Risk/Reward Target Hit
Read MoreOn May 22 2024 I posted on social media @AidanFX the GBPUSD SELL setup chart. The pair was trading in a range zone with 1 hour and 15 minute supply/sell zones above the equilibrium level. Chart illustrated for traders to wait for price to tap these zones before squeezing the sell trigger. Pending SELL order […]
-
XAUUSD : 1:4.5 Risk/Reward Target Hit
Read MoreOn May 16 2024 I posted on social media @AidanFX the XAUUSD BUY setup chart. The instrument tapped into the 1 Hour Demand zone (Gray) and reacted higher from this zone. Bullish divergence pattern (Red) also formed in the demand zone adding more confirmation that XAUUSD will push higher. XAUUSD 5 Minute Chart May 16 […]
-
EURUSD : 1:4 Risk/Reward Target Hit
Read MoreOn May 13 2024 I posted on social media @AidanFX the EURUSD BUY setup chart. The pair was in an uptrend and was trading in a range zone with 1 hour and 4 hour demand/buy zones below the equilibrium level. Chart illustrated for traders to wait for price to tap these zones before squeezing the […]
-
USDJPY : 1:6 Risk/Reward Target Hit
Read MoreOn May 9 and May 11 2024 I posted on social media @AidanFX two USDJPY BUY setup charts. The pair formed bullish patterns (Blue & Red) in the demand/buy zone (Pink and 15M Gray) where the 1st buy entry (Green) was triggered. USDJPY 5 Minute Chart May 9 2024 (1st Entry <Green>) USDJPY 5 Minute […]
-
NAS100 : 1:8 Risk/Reward Target Hit
Read MoreOn May 2 2024 I posted on social media @AidanFX the NAS100 BUY setup chart. The index was in an uptrend and price dipped lower and tapped into the 4 hour demand/buy zone (Gray) where price bounced while forming a trend continuation divergence pattern (Red). Buy entry was triggered on the lower time frame 5 […]
-
EURJPY : 1:5 Risk/Reward Target Hit
Read MoreOn April 18 2024 I posted on social media @AidanFX the EURJPY BUY setup chart. The pair was in an uptrend and price moved into the demand/buy zone (Blue) where the buy entry was triggered. EURJPY 4 Hour Chart April 18 2024 EURJPY 4 Hour Chart April 23 2024 Entered the BUY trade at 163.06 […]