Hi all, i have been going through babypips school lately and was wondering am i correct in recognizing this as a hidden divergence, because stochastic is making higher highs, and price lower highs?
Here’s the pic: GBPUSD daily chart
Hi all, i have been going through babypips school lately and was wondering am i correct in recognizing this as a hidden divergence, because stochastic is making higher highs, and price lower highs?
Here’s the pic: GBPUSD daily chart
You are correct.
Hi, Master Tang thanks for your quick answer… So i presume a good entry would be if the candles start to go bearish to wait for a stochastic to go down and exit overbought zone? Is there anything else i should pay attention?