We are in an uptrend, so a hidden divergence shows strength. I am a little late to publishing this, since the equilibrium pattern broke bullish, but it can indicate/confirm the move's strength maybe.
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The divergence is invalid, since, as SteveJ pointed out, I should have used the closed price on the candles as well, as I use it on my oscillators.
If you are going to use "Close" price to calculate your indicators, then to be accurate on your divergence points you should use the close on price as well. Make sense?
ashanal
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@SteveJ, You are right, thank you for your insight. :)
Should I now delete this idea, since its invalid? :D
SteveJ
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@ashanal, I would... a lot of traders make the same mistake. Sometimes it still works but it is more of a gamble.