CapMoore

Divergence analyse and trading ideas

FX:USDCAD   U.S. Dollar / Canadian Dollar
389 8 2
Currently price shows a Bearish Divergence, still
to trigger it and break the uptrend, ideally price should
create a lower low and take out point A to confirm
the reversal. Price also shows Hidden Bullish
Divergence (green lines). An idea for longs is to look
for a break of the current consolidation OR a test
of the Weekly S1 OR/AND a bullish cross on MACD
S1 should hold retracement in a bull trend.If price
plunges and takes out Point A
look for shorting the pair.
http://www.stock-charts-made-easy.com/positive-divergence.html
Reply
Apparently some alternative name used with stocks for Hidden Divergence.
Hidden Divergence is the commonly used term by FX traders.
Reply
On the largest FX resource on the net you can learn more about Hidden Divergence http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2013/01/25/Learn_Forex_Trade_Stochastics_With_Hidden_Divergence.html
Reply
The GREEN divergence lines are POSITIVE DIVERGENCE, not Bullish Divergence....just thought Id mention it!
Reply
Hi, never heard of positive divergence. Bullish divergence is the term used by traders.
Reply
You differ between Bullish and Hidden Bullish Divergence, The first one indicates reversal, the other one
continued trend.
Reply
There are many resources on the net about these important trading concepts. This is just one place to learn more:
Reply
http://www.investopedia.com/forex/news/dailyfx/usoilmacddivergencecreatestrendingmarketentrys.aspx
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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