Observing... image

Hidden divergence

Those two pairs show signs of future opportunities in Three Line Break charts. If the hidden divergence patterns still hold, the first down candle will be the trigger signal in both cases. image image

Hidden divergence

The Fib levels are a good tool to use before entering. On the GBPUSD pair, price retraced to a minor 23.6 with a hammer candle wich is a good signal whereas on the GBPNZD it didn't reach a significant level. However, since they are well correlated ...

Hidden divergence

Yes, for me that is correct. Easy to say afterwards . Funny, your Stochastic is different than mine even with the same settings. image

Hidden divergence

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Hidden divergence

Here are 10 pip Range bar (left) and Renko (right) charts side by side. Clear hidden divergence patterns on both of them. image

Hidden divergence

Here is a Three Line Break chart with few examples of hidden divergence patterns. They work best in an up or down direction as for regular charts. Too bad MT4 doesn't provide a good indicator allowing us to trade divergences with TLB. There might be ...

Hidden divergence

I watch all timeframes 4 hr and up and also renko and range bars. Lately, I realised that three line break charts give good results also.

Hidden divergence

Next brick down will be an entry signal for me. image

Hidden divergence

Hidden divergence on two different TF for NZDUSD. image

Hidden divergence

I decided to close the trade with a RR of almost 1:1 in a support zone. image

Hidden divergence

Open hidden divergence trade on 5 brick Renko chart. image

Hidden divergence

Here are examples. They are not necessarily in a range situation, but the pattern works well with renko charts. It can be used to enter only on the cross of MA's when there is a hidden divergence pattern. image

Profitable Renko System

I would suggest to look at hidden divergence. It would filter out many bad trades during range periods.

Profitable Renko System

Some of the main Hidden divergence patterns that occurred this past week on the 4 hour charts. The entry signals has not been reached on some of them and there was a losing trade on CHFJPY. image image

Hidden divergence

It sure is interesting. It happens often and I got confused when I started looking at it. That's why it is important to follow the trigger signs. For instance, on the daily chart, you can see that a hidden divergence pattern was forming, but price ...

Hidden divergence

Here's what can happen when you forget to look at the news schedule. I'm stuck with a possible loss hoping that sellers wake up. image

Hidden divergence

Interesting behavior for GoldUSD on the weekly also. If price keeps moving up, it could be time to enter at the start of next week. image

Hidden divergence

Another instrument to watch on the weekly. Nice hammer on the monthly. image

Hidden divergence

Yes, but price is far from Tenkan and trendline. Looks like it reached resistance on the weekly. We need some patience to see how it develops. image

Hidden divergence