A bit
of bullish divergence can be seen on stochastic as the oscillator formed higher lows while price had lower lows.
Not exact matches
Over the past several weeks, we've been discussing the increasing relative strength in small - cap stocks, compared to the rest
of the broad market, and that
bullish divergence continues to widen.
Although this trade had the support
of a
bullish MACD
divergence, it failed terribly.
ex4 is a modified Moving Average Convergence
Divergence oscillator with a nice visual display
of histograms aligned below & above the 0.00 signal level to depict bearish /
bullish trend respectively.
In a downtrend, if the oscillator fails to confirm a new low in the price trend, a positive or
bullish divergence exists, which warns
of a potential price advance.
In the image below, I marked the
bullish divergence (green), the bearish
divergence (red), and an example
of bad
divergence (gray).
If the Wildhog NRP
Divergence custom indicator triggers a bullish divergence, it is an indication of weaning bear pressures, hence an exit or take profit is strongl
Divergence custom indicator triggers a
bullish divergence, it is an indication of weaning bear pressures, hence an exit or take profit is strongl
divergence, it is an indication
of weaning bear pressures, hence an exit or take profit is strongly advised.
The Wildhog NRP Divergence.ex4 is an oscillator that plots bearish and
bullish divergences with ease, thereby eliminating the stress
of spotting them.
Focusing on the indicators for Ubi Blockchain Internet Ltd (UBIA), we see that the 14 day Stochastic RSI indicator is showing signs
of a possible
bullish divergence.
Looking at the 4 hour chart,
Bullish divergence on the MACD, 15 on the RSI, touching the lower boundary
of the falling wedge.
At the same time RSI is forming a
bullish divergence, that might be the first sign
of a trend reversal, or at the very least a correctional move up.
Accordingly, price will often see a final end -
of - day push, followed by profit - taking (typically spotted by a
bullish / bearish
divergence with an oscillator) near these times
of the day.