Gold Weekly. image

Hidden divergence

Another pair to watch on the 4 hr chart. image

Hidden divergence

CHFJPY 4HR chart. image

Hidden divergence

Another hidden divergence pattern developing on CADJPY 4 HR chart. image

Hidden divergence

Hidden divergence pattern developing on EURNZD Weekly chart. image

Hidden divergence

mtharwat, When I started to look at divergences, my biggest difficulty was to avoid false signals. A divergence can distort quickly during its development, that's why I find the MACD handy to confirm or invalidate price direction. It is an indicator ...

Hidden divergence

HD pattern developing on 4HR chart. image

Hidden divergence

Hi ROEye, What I call the Trading Zone starts when the MACD line crosses the zero line on the intermediate timeframe and ends when it crosses back the zero line.

Hidden divergence

Hi mtharwat, I cannot blame you for not using the lagging MACD. I do use it, apart for its leading effect in divergence, in a context of multitimeframe analysis which greatly increases its effectiveness. And, above all, after checking all converging ...

Hidden divergence

Hi mtharwat, Here is another suggestion. Take all entries on the 30 min chart as long as the Trading Zone lasts. image

Hidden divergence

I had a few signs in my way and I thought there was still some room to go up.

Hidden divergence

Just to show the purpose of using a cost averaging approach. In my last trade, I could have waited for entries in the Trading Zone (lower rectangle) and then look at the 5 min chart. There was only one signal (upper rectangle) I could have taken for ...

Hidden divergence

Lost 14 pips on this one. I used the Supertrend indicator for the stop loss as I found the last swing low too far from my entry. Looking for other opportunities. image

Hidden divergence

NZDUSD. HD pattern on 4HR. image

Hidden divergence

NZDCHF 4HR. image

Hidden divergence

Same here. image

Hidden divergence

Too early for me to make a decision based on the HD pattern. Let's wait and see. image

Hidden divergence

We are at a convergence of major Fib levels. image

Hidden divergence

AUDJPY. Looks like price has decided to go down. image

Hidden divergence

GBPUSD. +18 pips to start off the week. image

Hidden divergence