Eth vs USD - Hidden bearish divergence

On the daily chart there is a hidden bearish divergence (orange lines). HBD is defined as lower lows in price action with higher highs in the oscillators.

Additionally price action has entered the Gaussian strip following a bullish period, just as in March of this year. (orange circles)

The two targets on the daily chart I'm looking out for are:

1) $285

2) $210

I'm aware the 21-weekly EMA is higher but that does not mean price action cannot fall through as before in March during the week.

ความคิดเห็น:

Correction - should have read:

"HBD is defined as lower highs price action with higher highs in the oscillators"