Hi all.
Spotted this hidden bearish divergence in the EUR/USD 15 min time frame. Is this too short a time for a true divergence to take place? Pls advice me. Thanks.
I advise you to buy.
Used in conjunction with other signals that indicate price may be bearish it’s probably a useful confirmation e.g. price action hits an identified resistance level as well as putting in a bearish divergence. I wouldn’t trade off a stochastic divergence on it’s own though personally.
The higher time frame is more reliable of course and more pips!
Here’s a 4hr divergence QQE indicator is great for spotting divergence!
Got stopped out on this one! That’s trading for you!
