Short WTI. Short

Crude Oil (WTI)FXCM

Description

⋅ Sep 21, 2015 8:12 PM

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.

Comments

andberg

⋅ Sep 21, 2015 11:27 PM

hers is what look like bearish and bullish divergence thepatternsite.com/divergence.html

Suction_Cup

⋅ Sep 23, 2015 7:29 AM

s625.photobucket.com/user/drebg/media/Divergence_Guide.jpg.html

exo_trader

⋅ Sep 21, 2015 8:16 PM

Isn't it the other way around for a bearish divergence? Price action: HH while indicator LH?

andberg

⋅ Sep 21, 2015 11:26 PM

yes

Suction_Cup

⋅ Sep 23, 2015 7:29 AM

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!

s625.photobucket.com/user/drebg/media/Divergence_Guide.jpg.html

andberg

⋅ Sep 23, 2015 11:50 AM

then you should have stated your title accordingly intead of saying that we are noobs

Suction_Cup

⋅ Sep 23, 2015 6:13 PM

Are you blind? "Bearish Divergence" is the beginning of the explanation under the chart.

Docvaks

⋅ Sep 21, 2015 8:15 PM

Thumbs Up. Love your divergence calls! Have a great night.