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Hiddendivergence

I Cannot Long This !!!Hello The USDCHF currency pair is in a bearish phase by reaching a PRZ zone. ⭐ Bearish signs in the PRZ region are: - Trend line - Descending channel breaking - Moving MA50 - Weekly pivot -Fibo 50% ⭐ and the downward signals of market momentum are: - Hidden Divergence in MACD - Time divergence in the last 2 waves ➡️Note that you should wait for the break of the trend line and pullback to it, or enter the market after seeing strong bearish candles. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Short
by CobraVanguard
2
GBPCAD About to Make an Upward Move!The GBPCAD currency pair is in an upward phase by reaching a PRZ zone. ⭐The bullish signals in the PRZ area are: - Trend line - Breaking the descending channel - Moving MA20 -Pivot weekly ⭐ and the bullish signals of market momentum are: - Hidden divergence in MACD ✳️ Note that you should wait for the break of the trend line and a pullback to it, or enter into a buy transaction after seeing strong bullish candles. On the other hand, if PRZ breaks down with the strength of bearish candles, this analysis ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
5
📊 3 Types Of DivergenceRSI (Relative Strength Index) is a commonly used technical indicator in trading that helps identify overbought and oversold conditions in the market. It measures the strength and speed of price movements and provides traders with valuable insights into potential trend reversals. When analyzing RSI, three types of divergences can be observed: regular, hidden, and exaggerated divergences. 📍Regular Divergence: Regular divergence occurs when the price and the RSI indicator move in opposite directions. There are two types of regular divergences: bullish and bearish. 📍Hidden Divergence: Hidden divergence refers to a situation where the price and the RSI move in the same direction, but the RSI signals a potential trend continuation rather than a reversal. 📍Exaggerated Divergence: Exaggerated divergence is a type of divergence where the RSI signal extends beyond the typical overbought or oversold levels. It suggests that the price is showing extreme momentum and could potentially experience a significant reversal. In summary, regular, hidden, and exaggerated divergences in RSI analysis provide traders with valuable insights into potential trend reversals and continuations. By understanding these divergences, traders can make more informed decisions regarding their trading strategies and positions in the market. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
4
Symmetrical Triangle - Watching closelyWatching LAC and the lithium sector closely here- LAC is currently holding a massive symmetrical triangle on the daily timeframe while holding an even larger falling wedge on the weekly timeframe (See Attached Charts Below). Additionally, LAC is sitting right on its 100-day SMA, which, is has been acting as a strong support level for quite some time. LAC's EMAs are starting to curl upwards as well (Not Pictured), accompanied with a bullish cypher harmonic pattern on the daily timeframe, and lastly some bullish hidden divergence on the RSI on the weekly timeframe. Bullish and will be looking for a breakout from this triangle (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime -- Price Targets & Previous Charts Attached In Description - PT1- $27.69 PT2- $28.56 PT3- $29.96 PT4- $31.15 --Weekly Timeframe-- --Previously Charted--
NYSE:LACLong
by jacobosiason7
2
Tue 22nd November 2022 Daily Forex Charts : 7x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 7x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/CAD Sell, AUD/USD Sell, GBP/JPY Buy, GBP/NZD Buy, USD/CAD Buy, USD/JPY Buy & XAU/USD (Gold) Sell. A few of these are higher risk and there is obviously some correlation here, so be aware of risk % per trade and overall risk. Enjoy the day all. Cheers. Jim
OANDA:XAUUSD
by JAGfx
6
USD Index multiple Bullish signalsUSD Index looking very bullish. Double bottom formed on the weekly and monthly. Monthly MACD cross up about to happen, last time that happened about June 2018 we jumped over 15% from 89.229 to 102.992. If we have a jump 15% from last low it would take us to about 104.457. Double bottom target is about 96.50. RSI on the monthly going up over 48 about to cross up over 50. Bullish Hidden divergence on the MACD as well. All just possibilities.
TVC:DXYLong
by mickey9278
1
Fri 4th November 2022 AUD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CAD Sell. I have left the Buy trade on the chart that was stopped out as I need to show my readers this in my weekend YouTube video. So currently only have this new Sell and a partial Sell trade on now. Enjoy the day all. Cheers. Jim
Short
by JAGfx
1
The "Hidden RSI Divergence" and a LIVE TRADEFinding regular divergences is an easy thing especially when you're using the heiken Ashi algo oscillator but finding hidden divergences can be a little bit more complex. So in today's video I'm going to show you how to find hidden divergences and what you should do with them. Obviously step number one is go to the community scripts on tradingview and search for Heiken Ashi Algo Oscillator If you Have any trouble finding it just follow this link What you're watching me do in this video is identifying hidden Divergence has and I am doing a live trade. I am also discussing the importance of setting your support and resistance levels as well as looking at your charts, doing your analysis on a high time frame and then doing your actual trades on a lower time frame. In the previous video as I've mentioned before anything happening between the green and red or + 10 + - 10 range of the oscillator anything inside that area is irrelevant you don't care about heiken Ashi values or oscillators values or anything inside that area so when you have your RSI cross for example above the 0 level you also need a hike and as you candle to close above + 10 when you have your RSI value across below the 0 leveled you also need a heiken Ashi candle to close below the -10 level. One thing to note is the major difference between regular divergences and hidden divergences is this. When looking for Regular Divergence has you are looking for highs above the +10 of the oscillator or you are looking for Lowe's below the -10 level of the oscillator. However with hidden Divergences it is different. a hidden Divergence will be the Lowe's above + 10 and the highs below -10. So at this point you are looking for the highway 6 or the low wicks in those areas. But ultimately you still trade them the same way. Meaning that if your RSI slope is to the down side then you have to be ready for your price to move down. If the slope of your RSI Divergence is to the upside then you have to be ready for price to move up. I could do my best to tell you in this dialogue how to do this trade however it would be best for you to just watch this video and ask questions below.
Education
by CoffeeshopCrypto
6
Short AUDCAD Hidden DivergenceThe AUDCAD has recently completed a triple top and has formed hidden divergence on the MACD. This is signaling a continuation of the downtrend. Also the COT Report has the Australian Dollar in a heavily short position and the Canadian Dollar positively long which setup up a nice short for us. Both of these currencies are commodity correlated. Gold is falling( Aussie correlated) and Oil is looking for a rebound but also falling( CAD corelated). And the Market cycle for this pair is bearish for Aug 2 to Sept 28. Entry 0.8955 | SL 0.9110 | TP1 0,8850 | TP2 0.8750
Short
by forexmilitia
GRT is going to Decrease + Target Provided!GRT is in a Descending Triangle and we can Expect the Price to Fall because Not only The Price is in a Bearish Pattern and That the Price would Decrease as much as the Measured Price movement (AB=CD) ,We also have a Hidden Bearish Divergence (-HD) on MACD as well! This Means that The Bulls are in Real Trouble Right now! The Price should Reach around 0.105$ after Descending! -GRT is in a Descending Triangle -Price will Decrease as much as the Measured Price Movement (AB=CD) -(-HD) On MACD -0.105$ Is the Right Price! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Short
by CobraVanguard
8