Bullish divergence with breakout of the falling wedge resistance, so it can't be an hidden bearish divergence
Note
We concluded on a double bullish divergence back in this time, after confirmation of an hidden bearish divergence.Explanation : I showed a bullish simple divergence. But the price didn't break its trendline resistance, so this bullish div became an hidden bearish divergence (high bearish signal). Then another bullish divergence appeared to form a double bullish divergence with the old one : strong bullish signal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.