Here is an explanation on the Bullish and Bearish Hidden Divergence concepts
Rules are as follows:
Bullish Hidden Divergence
Bearish Hidden Divergence
Rules are as follows:
Bullish Hidden Divergence
- Happens only in uptrend
- Observed on pivot lows
- Price makes higher low, whereas indicator makes lower low due to price consolidation. In bullish trend, this is considered as bullish as the price gets a breather and get ready to surge further.
Bearish Hidden Divergence
- Happens only in downtrend
- Observed on pivot Highs
- Price makes lower high whereas oscillator makes higher high due to price consolidation. In bearish trend, this is considered as bearish as the price gets a breather and get ready to fall further.
Watch out for breakouts against the trend.
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