This bullish hidden divergence along with trendline make me think that the trend for the next weeks will be mostly bullish for EURUSD. What do you think ? Give your ideas in comments ! Note : i am still a beggining trader. Not all my ideas are right but i do my best based on what i learn to give you a fresh perspective of markets.
If conservative, wait for MACD crossover before entering the trade. I've spotted a bullish hidden divergence on BTC, along with a bollinger squeeze starting. I expect a very strong move up in the following day or during the week.
Price action shows a higher low ; conversely ALL 3 oscillators showing lower lows indicating a potentially hidden bullish div. Not SURE whether price actions will hit all time highs, comment below!!
We see a hidden bearish divergence has formed on the 2hr chart following the ABC corrective Elliot Waves. Two potential TP targets based on previous support/resistance form on past lows (red dashed lines). Disc . This is merely an observation of price action and NOT a suggestion to buy or sell. Do your own extensive research before placing a real order.
Hidden Bearish Divergence formed, also retrace back to 61.8% Fib level. SL above last resistance 1.2535 Entry 1.2503 TP1 12405 TP2 12187
Please see annotated chart for details.
Lots of consolidation here at this trendline that I drew to the downside off the weekly but it looks like price is finally confirming the trendline bounce off the weekly / daily supply levels.
5-0 pattern formation with support at point D on the exponential moving average 200, and the formation of hidden divergence
View on EUR/AUD based on reasons shown on chart.
NZD/USD has retested 0.6500 today closing as a low test bar and just shy of trend line support. Price has also reached the 0.786 Fibonacci level closing above it. Stochastic and RSI show hidden bullish divergence. entry - above high of low test bar stop loss - below low of low test bar target - at previous resistance at ~0.6880