digitalspree
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Hi Guys finally decided to post on here. I have been reading the forums for a while now. Excellent source of info.
I have recently decided to focus on forex, I am trying to sharpen my knowledge on technical analysis. Can someone please tell me if this chart shows a bearish divergence?
Cable has been bullish today, I have managed to gain 62 pips. I went back to the 4 hour charge to check if the trend was still strong. The chart shows price has rallied to a new high while the MACD Histogram refuses to reach a new peak (remains bearish). Is this a Bearish divergence?
I have recently decided to focus on forex, I am trying to sharpen my knowledge on technical analysis. Can someone please tell me if this chart shows a bearish divergence?
Cable has been bullish today, I have managed to gain 62 pips. I went back to the 4 hour charge to check if the trend was still strong. The chart shows price has rallied to a new high while the MACD Histogram refuses to reach a new peak (remains bearish). Is this a Bearish divergence?
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