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hearmysong
Aug 23, 2018 12:30 AM

Bearish Divergence ~ Price vs CMF, OBV, Chaikin Oscillator Short

Bitcoin / DollarBitfinex

Description

Weak on all fronts.

Barring another short squeeze were going down.

Trade closed: target reached

took a little longer then I anticipated but, I'll take it.

taking profit... and reassessing.
Comments
BTC_Dreamer
This is hidden bullish divergence. not bearish.
sbtnc
@BTC_Dreamer, yea clearly!
SAT2BTC
I agree with BTC_Dreamer, it is a hidden bullish divergences forexfactory.com/attachment.php?attachmentid=1783625&d=1446220124
hearmysong
@gregpereiro, if I was using rsi, stoch or macd then YES it would be hidden bullish. but, volume indicators like obv and cmf tell the opposite story.
hearmysong
@gregpereiro,


which is how I saw this last dump coming. best short I've ever taken
devUmarov
If you guys use rsi divergences in your trading, this tg channel might help you.
t.me/relative_strength_index
mhfcrypto
Nice catch. Thanks for sharing :-)
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