white_raven

BTCUSD uptrend vs reversal signal

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Ichimoku shows an uptrend. BUT, the stoch shows a bearish divergence.

However, on higher timeframe(4 hours), ichimoku almost shows an uptrend and the stoch shows a hidden bullish divergence .

The bad thing is, the resistance line.

I make note here just to see what happens next.
Apr 15
Comment: reversal right on the fractals.
Note: Divergence is a good confirming indicator before you get into trade. bearish divergence + fractal, that's a -2.
4-hour ichimoku shows "bear-twist" though.
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white_raven jeremy.jacques79
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white_raven jeremy.jacques79
@jeremy.jacques79, Thank you btw, I missed that one. :D
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