I've heard the term 'hidden bullish' and I'm curious to understand what it means. Could someone explain what a hidden bullish is in the context of financial markets or investing?
5
answers
GinsengBoostPower
Tue Feb 11 2025
Bullish hidden divergence is a technical analysis pattern that indicates a potential reversal in the downtrend of an asset's price.
JejuJoyful
Mon Feb 10 2025
Simultaneously, the technical indicator forms higher highs, signaling a divergence between price action and indicator behavior.
KDramaLegendaryStarlight
Mon Feb 10 2025
This pattern occurs when the price action forms higher lows, which means that each subsequent low point is higher than the previous one.
TaegeukWarrior
Mon Feb 10 2025
Concurrently, the indicator used in technical analysis, such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD), forms lower lows.
DigitalLordGuard
Mon Feb 10 2025
In contrast, bearish hidden divergence suggests a potential reversal in an uptrend. It occurs when the price action forms lower highs, meaning each subsequent high point is lower than the previous one.