So we just had a hidden bearish divergence form the past week and it played out.
However, it could still play out even more as observed in the chart.
What confuses me is the fact there is also a bullish divergence playing out at the same time.
Lol, can anyone explain this to me???
so if bullish divergence plays out, RSI will creep up, price too.
Then hidden bearish divergence continues playing out?????
Never seen this occur before.
However, it could still play out even more as observed in the chart.
What confuses me is the fact there is also a bullish divergence playing out at the same time.
Lol, can anyone explain this to me???
so if bullish divergence plays out, RSI will creep up, price too.
Then hidden bearish divergence continues playing out?????
Never seen this occur before.
Note
looks like the bullish divergence is playing out right now.the larger hidden bearish divergence has reformed and after this upwards pressure is done, we will see this larger hidden bearish divergence play out again.
Note
RSI doing exactly as predicted
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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.