Hidden Divergence trumps Divergence ?
Black lines on rsi and price….are diverging …this is a hidden divergence…. which actually manifested as it would predict
IF we had seen this hidden divergence we could have expected the downward trend to continue..as it has
Muslhead always said the hiden divergence takes prescident
These divergences get pretty tricky
“Hidden” denotes underlying strength in the downtrend…RSI going up and the price going down. Yes, I can see that one also…HOWEVER, that “hidden” divergence has played itself out at 37.81…Now the “regular” divergence is being built. The hidden divergence, which has played out, preceded the regular divergence which is now being built…
i keep wondering about the yen… any hidden divergences there?
Above Shortstack
I see a bullish regular divergence on the yen currently…will draw when I get a chance.