#ETFWatch #HMSTR Advanced Interpretation Techniques*
. Divergence Analysis
- Regular Divergence:
- Bullish Divergence**: Price makes a lower low, but StochRSI forms a higher low → potential reversal upward.
- Bearish Divergence: Price makes a higher high, but StochRSI forms a lower high → potential reversal downward.
Hidden Divergence:
Bullish Hidden Divergence :Price makes a higher low, but StochRSI makes a lower low → suggests continuation of an uptrend.
Bearish Hidden Divergence*: Price makes a lower high, but StochRSI makes a higher high → suggests continuation of a downtrend.
. Divergence Analysis
- Regular Divergence:
- Bullish Divergence**: Price makes a lower low, but StochRSI forms a higher low → potential reversal upward.
- Bearish Divergence: Price makes a higher high, but StochRSI forms a lower high → potential reversal downward.
Hidden Divergence:
Bullish Hidden Divergence :Price makes a higher low, but StochRSI makes a lower low → suggests continuation of an uptrend.
Bearish Hidden Divergence*: Price makes a lower high, but StochRSI makes a higher high → suggests continuation of a downtrend.