The Bullish Hidden Divergence
Posted on 26. Mar, 2007 by admin in Forex Basics, Technical Indicators
In a bullish hidden divergence, the indicator makes a lower low, but price makes either a higher low or a double-bottom low. This type of nonconfirmation occurs mainly during corrective declines in an uptrend, but it may also be found on occasion at price retests of the lows. Bullish hidden divergence indicate underlying strength in the security and often make good entry or re-entry points.
