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salvanost
Sep 29, 2019 7:32 AM

2016-2017 vs 2019-2020 (not finished, just rough idea) 

GoldOANDA

Description

1. NEED TESTED
2. I'm using this chart to learn about divergence especially about hidden bullish divergence (the purple line)

hint1: price channel up, RSI down
hint2: divergence trend line play an important role

note: I make the arrows as simple as possible, it's just rough idea, not for trade advice
Comments
salvanost
with purple trend line, we could see, even hidden bullish divergence could created HUGE pips bullish impulse movement (from bottom channel to top channel again)
salvanost
IMO this chart created because in bigger picture
the hidden bullish divergence outside the price channel (purple line) could play role into smaller movement inside the channel too

so my previous ideas about hidden bullish = weak bull signal = start of bearish trend could be invalid with those purple trend line
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