matt_forex
Short

Hourly Divergence (short)

FX:USDCAD   U.S. Dollar / Canadian Dollar
The divergence is indicating a move lower. Price action is having trouble making new highs.

Having a look at the WTI futures chart also reveals that oil             looks to be bouncing. USDCAD             tends to have a negative correlation with oil             .

Stop is placed at 1.12640
That is called a hidden divergence, not a divergence :)
+1 Reply
matt_forex vlad.adrian
Sorry, I made that mistake, I usually get the two mixed up. After your comment I went back to review the difference. Thank you for your comment, this is one of the reasons why tradingview is my favorite site to visit. All the comments from people are constructive, informative, and positive in nature. Thanks again!
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
简体中文
繁體中文
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