Setup worth monitoring for EURJPY. Possible entry on the 1 HR chart. image

Hidden divergence

mtharwat, Waiting for the cross of MACD on lower timeframes is just a suggestion. I believe you can be successful by using trendline crosses and if it suits you better, then go ahead and I am sure you will have your share of wins. In my experience, ...

Hidden divergence

drsa1970, The way I see it, there is a clear HD bearish pattern on the Monthly chart but still under development. You can wait for price to cross the trendline, but on Monthly chart, placing the stop loss at the last swing high gives a risk too big ...

Hidden divergence

Not to mention that they are all following a bearinsh trend channel on the Monthly charts.

Hidden divergence

Heads up on EURGBP. image

Hidden divergence

And with NZDUSD. The next two weeks will be interesting for the NZD pairs. image

Hidden divergence

A similar situation with NZDCHF. image

Hidden divergence

NZDCAD has other potential opportunities to offer. On the Weekly chart, we are still on a Hidden Divergence situation and price is at a 50% Fib level. Switching to the Daily chart, we see a bearish regular divergence pattern and price crossed a ...

Hidden divergence

A pair to watch for the next two weeks. image

Hidden divergence

mtharwat, In realtime, the difficulty is to enter a trade after a divergence is seen between the price and an indicator. On the Weekly chart, the divergence starts to develop at point A. It doesn't mean the pattern is over. Then I check for other ...

Hidden divergence

Weekends are for me a backtesting period. Here is an overall winning situation starting with a hidden divergence pattern on the Weekly NZDCAD pair. I am using different settings for MACD. I don't think the settings matter that much especially when I ...

Hidden divergence

mtharwat, I agree, we will never be able to avoid losing trades, the best we can do is to minimize them. Like the karate grandmaster Kenji Tokitsu once said, the most important thing is not to win, it is not to lose. Like in ''cut your losses short ...

Hidden divergence

mtharwat, As the HD pattern is developing on the 4HR chart, a long entry was possible after price crossed the dotted trendline on the 1HR TF. Another possibility was to enter long when MACD crossed the zero line, but it did at the close of a bearish ...

Hidden divergence

Not a typical HD pattern, but valid nonetheless. image

Hidden divergence

Another potential entry under a Monthly HD pattern. image

Hidden divergence

HD pattern developing on the Monthly chart. Regular divergence on the Daily chart. I missed the entry on the 4 HR chart, but anyway the stop loss at the last swing high would have been too far. Waiting for entries on the 30 min chart in the Trading ...

Hidden divergence

Two winning entries in the Trading Zone. image

Hidden divergence

Hi drsa1970, I could have entered at the close of the candle on the 4 HR chart when MACD crossed its zero line. It also coincides with price crossing a resistance level. But I prefer, when I have the time to do it, to wait for entries in what I call ...

Hidden divergence

They are the middle lines of Donchian (26) and Donchian (130). You can also use the standard Kijun and a Kijun 5 times higher. It gives an idea of where the trend is going in a higher timeframe. It is better to look directly at the window though.

Hidden divergence

Into the Trading Zone and waiting for long entries. image

Hidden divergence