Just been reading up about this.
I don;t see the difference between standard bearish divergence and hidden bullish divergence.
Bearish divergence is described as Higher highs while the indicator shows lower highs basically this shape <
Hidden bullish is described as higher lows and indicator shows lower lows.
This shape: <
It's the same thing isn't it? Higher lows are usually coupled with higher highs on the same chart.
Hidden Divergence Report
Here's 1 example:
I don't understand why you would look at that picture and say, oh it's higher lows on the PA and lower lows on the indicator, therefore bullish hidden DV and the trend will continue.
Why wouldn't you say, oh it's higher highs and there's 3 peaks in the indicator each lower than other. It's going to reverse.
Also, the pattern in Fig.1 (Classic) is the same as Fig.3 (hidden) in the article
Even in this article, Fig 1 and 2 show the same thing.
http://www.earnforex.com/forex_e-books/beginner_forex_trading/Reverse_Divergence_and_Momentum.pdf
Fig 1: Trend is in 1 direction Up.
price is higher higher higher, indicator is lower lower lower normal divergence.
Fig 2: Trend is in one direction down:
price is lower lower, indicator is higher higher. To me this is normal divergence as with fig 1 but apparently it's reverse divergence and the trend will continue?
Lost
I don;t see the difference between standard bearish divergence and hidden bullish divergence.
Bearish divergence is described as Higher highs while the indicator shows lower highs basically this shape <
Hidden bullish is described as higher lows and indicator shows lower lows.
This shape: <
It's the same thing isn't it? Higher lows are usually coupled with higher highs on the same chart.
Hidden Divergence Report
Here's 1 example:
I don't understand why you would look at that picture and say, oh it's higher lows on the PA and lower lows on the indicator, therefore bullish hidden DV and the trend will continue.
Why wouldn't you say, oh it's higher highs and there's 3 peaks in the indicator each lower than other. It's going to reverse.
Also, the pattern in Fig.1 (Classic) is the same as Fig.3 (hidden) in the article
Even in this article, Fig 1 and 2 show the same thing.
http://www.earnforex.com/forex_e-books/beginner_forex_trading/Reverse_Divergence_and_Momentum.pdf
Fig 1: Trend is in 1 direction Up.
price is higher higher higher, indicator is lower lower lower normal divergence.
Fig 2: Trend is in one direction down:
price is lower lower, indicator is higher higher. To me this is normal divergence as with fig 1 but apparently it's reverse divergence and the trend will continue?
Lost