Some news burst the Eur this morning it seems., The setup is still valid and waiting for a signal downwards. image

Hidden divergence

rmchokku, Here is what I see about EURJPY. A HD pattern on the 4 HR chart, a trading zone on the 1HR and most entries (down arrows) on the 5 min are winning. image image

Hidden divergence

Here is a HD situation on a Weekly chart. On the Daily, MACD just crossed the zero line starting a trading zone, so I will check for entries on the 2HR chart. image

Hidden divergence

Yes, we see a HD pattern on the Daily Daily chart, but no sign of entry yet on the 4HR. There is no rush, as price might continue its ride up and then invalidate the HD pattern. image

Hidden divergence

Yes, I think that it is a great idea. Actually, MACD being higher or lower the zero line plays the same role.

Hidden divergence

I see two opportunities developping on high timeframes: EURNZD Weekly: There is no clear trend, but we see a HD pattern with almost a double top. Switching to the Daily chart, price has crossed a trendline to the downside and we just got an ...

Hidden divergence

On the 4HR chart, we see the hidden divergence pattern, although it might disappear soon because price seems to have a strong momentum upwards. You can trade on the 4HR chart and enter for instance if price makes an obvious move downwards past the ...

Hidden divergence

From your charts, that is what I see. When you enter a trading zone on the intermediate chart like you did (vertical line), you have to wait for MACD to cross the zero line from above on your trading chart.

Hidden divergence

Hi rmchokku, Here is how Greene explains the ratios: "I have discovered that the key to success is to reference two time compressions that have a ratio between 8:1 and 12:1. For example, if I use the 10-minute chart with the two-hour chart, or the ...

Hidden divergence

AUD and NZD give often similar results. I'm in on NZDCAD. image

Hidden divergence

It might take a while as price seems to be going up right now.

Hidden divergence

Watching this pair closely. image

Hidden divergence

Everything is possible. For EURJPY, price has some room to reach the double bottom we see on the 4HR chart. But it doesn't mean it will go there.

Hidden divergence

Here are three pairs that had a recent hidden divergence pattern on the Daily chart and an entry on the 4 HR chart (yellow circles) this week. image image image

Hidden divergence

A HD pattern is formed on the Weekly with the MACD main line. On the Daily, we can see that price made a burst down and reversed up shortly after (yellow circle). That created a very short trading zone (blue rectangle) on the 2 HR chart where no ...

Hidden divergence

If you are talking about AUDUSD Daily HD pattern, I am still waiting for entry signals on 4 HR chart. image

Hidden divergence

No, not yet.

Hidden divergence

I missed the entry on this one. I will monitor the pair with a cost averaging approach and watch for entries in the trading zone (blue rectangle) on the 30 minutes chart. image

Hidden divergence

Here is a HD pattern on the Daily chart. If MACD crosses the zero line on the down side, it is an entry signal for me. image

Hidden divergence

rmchokku, a) I do not use EMAs directly. I use 2 Donchian middle lines as an indication of price behavior in a higher timeframe. You can see them in my previous posts. My use of MACD crossing the zero line in a lower timeframe is similar to the ...

Hidden divergence