SPX500: Hidden Divergence (4 HR) !!!

FX:SPX500   S&P 500 Index
UPDATE #2: Stopped out with small loss.

UPDATE #1: Trade is active now.

Hello Traders,

Here we have a hidden BEARISH divergence that is giving us a nice shorting opportunity with very little stop loss and potential of high reward. The analysis is pretty simple, market is making LHs and LLs, signifying the continuation of the downward trend. Market has retraced back near the previous LH and due to the hidden divergence we do not have to risk a lot on this trade, which is why the stop loss is placed just above the recent lower high created by the market. See the chart for more details.

Note: The trade is NOT active yet. Pending orders have been placed.

Please feel free to AGREE or DISAGREE with this idea. Hit that thumbs up button (top left corner of this chart) if you like the idea. Good Luck :)

corrections will come after the fed meeting down soon , before summer start
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out