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Hiddendivergence

Divergence Cheat Sheet / Types of DivergenceWhat is divergence? Divergence is a method used in technical analysis when the direction of a technical indicator, usually some form of oscillator ‘diverges’ from the overall price trend. In other words, the indicator starts moving in the opposite direction to the price and the trading oscillator signals a possible trend reversal. Once divergence appears, there is a higher chance of a reversal, especially if divergence appears on a higher time frame. Oscillator indicator for divergence patterns is Weis Wave Volume, macd, the RSI, CCI, or stochastic OBV. Types of divergences There are 4 types of divergence, which are broadly classified into two categories: 1) Regular or Classic Divergence 2) Hidden Divergence With each of these two categories, you have a bullish or a bearish divergence. Therefore, the four types of divergences are summarized as: 1) Regular Bullish Divergence 2) Regular Bearish Divergence 3) Hidden Bullish Divergence 4) Hidden Bearish Divergence Divergence patterns indicate that a reversal is coming soon and becoming more likely but this is not an instant change. The more divergence there is visible, the more likely a reversal does become. Here are some guidelines: The entry can not be taken on the basis of divergence indicator alone. It’s best if a trader mixes the divergence indicator pattern with their strategy. Use Higher time Frames.
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NSE:ELGIEQUIPEducation
by AfnanTAjuddin
22
HDFC- Cracks from The Top of 2507/ Hidden Divergence (Y-Wave)Hidden Bearish Divergence This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). When you see hidden bearish divergence, chances are that the pair will continue to shoot lower and continue the downtrend. What we expect next? As suggested earlier on 17th Aug 2022 video idea that the correction could be deep towards 2000 levels & has to be reviewed at certain intervals as markets are too volatile. The last related idea can be checked below Thank you Related Idea for HDFC Bank Nifty - Will if follow in the footseps of HDFC?
HShort
by WaveTalks
8
Crypto Marketcap bounce nicely from support, what next?Technical Analysis: Total MarketCap (Update) In Daily timeframe Chart, Crypto Total Market Cap is Moving Above the Strong Support (1.32T) and did not want go further down If Crucial Support Broken Down then Next STOP Could be 832bln (So We Could see Crash in Coming Days) In Bullish Case, If MarketCap Remains Above the Support, Expecting Bounce Back towards the 1.72( 50 DMA) RSI made bullish hidden divergence and slowly slowly increasing thats means bull seams strong now, it could probably break daily down trend which is minor resistance as well as 21 DMA (1.50 T). ❤️ If you find this helpful and want more FREE forecasts in Tradingview. . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, ❤️ #totalmarketcap #crypto #nextmove #bullmarket #sideways #bitcoin
CRYPTOCAP:TOTAL
by Bitking786
SBI - Price Action + Hidden Bearish DivergenceSBI is in a doji zone right now. The Price Action levels have been marked on chart. The stock is bullish above 188 for targets of 194, 197 and beyond. The stock is bearish below 184 for falling to the levels of 178 if not beyond. The 184 - 188 region is open for scalping. There is a hidden bearish divergence as can be seen on the graph. A lot will also depend on how BANK NIFTY behaves which broke a support of 21950 levels. Keep an eye out for BANK NIFTY levels on Monday. There are several posts on BANK Nifty S&R for reference. I have been bullish on SBI for 200 levels. However the divergence has me re-thinking the position. In case of gap-up opening on Monday: Short for 184 and watch the movement after that. In case of gap-down: Follow ORB on 15 min candle
NSE:SBIN
by raj_rishav