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privatepizza111
May 1, 2023 4:01 AM

Cloud Divergence: Reverse Bullish  

S&P 500SP

Description

Here we have a 16 bar lag. The price breaches bearish and then beltlines bullish, and the red cloud continues bearish around the bullish low. Note: a signal for a lower low but price is a higher low is a reverse bullish signal. This example is a reverse bullish divergence signal methodology.
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