HosseinMansouri
Long

Significant Bullish Divergence

MTGOX:BTCUSD   Bitcoin / Dollar
566 10 2
As you Can See There is a Significant Bullish Divergence in Daily Timeframe Visible on MACD and MACD is Crossing Up Too, i Think One More Day and Uptrend Will Begin
Update after Recent News
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More Examples:
http://cns.bu.edu/~gsc/CN710/fincast/Technical%20_indicators/Moving%20Average%20Convergence-Divergence%20(MACD)_files/ta-macd4-ge.png

It Doesn't have to be the Exact Formation:
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Bearsih Divergence
http://www.fxwire.com/files/cache/ef8fb74309443bfde18f9a0d4a6cc839_f706.png

Bullish Divergence
http://www.fxwire.com/files/cache/c41f19a862e7ea00c47ecda0b01976e7_f707.png

I Won't Discuss Divergence Formations Anymore.
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More Clear Version as Some of you Have Requested
snapshot
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Look at this please...regarding accumulation and tops not congruent...

price is way below where it should be, I think indicating a rise...am I wrong here?

snapshot
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HosseinMansouri DeanGoncalves
Don't Rely on that Indicator My Friend, Especially in Current Sideway Situation and Timeframes Lower than Daily
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As I won't Be Posting Anymore Ideas Until Implementation of New TradingView features,
If Current One has Worked Out, Please Review My Other Related Idea too
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More on MACD Bullish Divergence
http://www.smallcapnetwork.com/MACD-H-Bullish-Divergence-the-Strongest-Signal-in-Technical-Analysis/s/via/3797/article/view/p/mid/1/id/4/
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http://www.babypips.com/images/school/images/grade11/regular-bullish-divergence.png
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http://www.babypips.com/images/school/images/grade11/regular-bullish-divergence-cheat-sheet.png
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Here we have Lower Highs in Price but Higher Lows in MACD
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