RSI Oil Hidden Bullish Divergence and Oil Hidden Bearish Divergence Setups
Hidden divergence setup is used as a possible signal for a trend continuation. Hidden divergence setup occurs when price retraces to retest a previous high or low.
Hidden RSI Oil Bullish Divergence
Hidden RSI oil bullish divergence setup forms when price is forming a higher low (HL), but the oscillator is showing a lower low (LL).
Hidden bullish divergence occurs when there is a retracement in a upwards trend.
RSI Oil Hidden Bullish Divergence - Hidden Divergence Setup
This hidden divergence set up confirms that a retracement move is exhausted. This hidden divergence indicates underlying strength of an upward trend.
Hidden RSI Oil Bearish Divergence
Hidden RSI oil bearish divergence setups forms when price is forming a lower high ( LH ), but the oscillator technical indicator is showing a higher high ( HH ).
Hidden bearish divergence occurs when there is a retracement in a crude trading down ward trend.
Oil Hidden Bearish Divergence - Trading Hidden Bearish Oil Divergence Setup
This hidden bearish oil RSI setup confirms that a retracement move is exhausted. This divergence indicates momentum of a downwards trend.