Suction_Cup
Short

Short WTI.

FX:USOIL   Crude Oil (WTI)
104 8 1
Bearish divergence is seen on the 1h and 2h, this is a good signal to enter a short trade for a retrace, I am aiming to take profits, at around the 50% fib.
hers is what look like bearish and bullish divergence http://thepatternsite.com/divergence.html
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http://s625.photobucket.com/user/drebg/media/Divergence_Guide.jpg.html
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Isn't it the other way around for a bearish divergence? Price action: HH while indicator LH?
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andberg PRO exo_trader
yes
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Suction_Cup exo_trader
Guys, you must be noobs, there are two types of bearish and bullish divergencies: hidden and regular! What you see on the chart is HIDDEN BEAR DIV!

http://s625.photobucket.com/user/drebg/media/Divergence_Guide.jpg.html
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andberg PRO Suction_Cup
then you should have stated your title accordingly intead of saying that we are noobs
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Are you blind? "Bearish Divergence" is the beginning of the explanation under the chart.
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Thumbs Up. Love your divergence calls! Have a great night.
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