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 : 1:4 Risk/Reward Target Hit
Read MoreOn December 4 2024 I posted on social media @AidanFX the EURJPY buy setup, “Will look for buying opportunities in the 157.57 – 156.97 area.” The pair tapped into the bullish demand zone (Green Box) triggering the buy entry. A regular bullish divergence pattern (1st Red) was visible signalling a trend reversal and bounce higher […]
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EURUSD : 1:4 Risk/Reward x2 Targets Hit
Read MoreOn November 19 2024 I posted on social media @AidanFX the EURUSD SELL scenario. The pair entered a bearish supply zone (Gray Box) signalling for a move lower. Added bearish/selling confirmation was a bearish divergence market pattern (Red) formed and terminated in the same supply zone. Both combined bearish patterns was enough for me to […]
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EURJPY : 1:5 Risk/Reward Target Hit
Read MoreOn November 14 2024 I posted on social media @AidanFX the EURJPY bearish scenario. The pair entered a bearish supply zone (Pink Box) signalling for a possible move lower. Added bearish/selling confirmations were previous support level (Dark Blue) was acting as a resistance level, a bearish reciprocal AB=CD market pattern (Light Blue) terminated point D […]
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EURJPY : 1:2 Risk/Reward Target Hit
Read MoreOn November 4 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 1 hour chart. The chart illustrated for traders that price and indicator oscillator formed and terminated a bullish divergence pattern (Red) signalling upside. The pair pushed higher then quickly retraced lower and entered a bullish demand zone (Blue box) […]
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EURJPY : 1:5 Risk/Reward Target Hit
Read MoreOn October 29 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 1 hour chart. The chart illustrated for traders that the pair entered a bullish demand zone (Gray box) and a Accumulation, Manipulation, Distribution bullish pattern was also forming. Price and indicator oscillator also formed and terminated a bullish divergence […]
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EURJPY : 1:4 Risk/Reward Target Hit
Read MoreOn October 21 2024 I posted on social media @AidanFX the EURJPY BUY entry with the 1 hour chart. The chart illustrated for traders that the pair was in a higher high / higher low sequence and the pair entered a bullish 1 hour demand zone (Gray box). Price also formed and terminated a bullish […]