tRex88
Education

Sunday quiz : Divergence QUIZ

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Is this a bearish divergence or a hidden bullish divergence?

Please leave your response with a valid reason.


I wont be answering this question as I want you to do your research and find the answer for yourself and in the process of finding the answer I am sure you will get to learn a lot about divergence. I have seen a lot of posts and personal messages on TradingView claiming one or the other form of divergence to fit their pre-conceived bias/analysis without any basic understanding of the concept of divergence.

I would request you to form an opinion based on what the chart says and not find (misleading) evidence or signals to fit your opinion.

Following to know the answer
Reply
A bearish Divergence!
Reply
tRex88 akshay1808
@akshay1808, Would like to know the reason behind the claim and why its not a hidden bullish divergence.
Reply
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