DXY showing two types of bearing divergences.
High Timeframe Hidden Bearing Divergence: Price made a Lower High while the RSI made a Higher High.
Low Timeframe Regular Bearish Divergence: Price made a Higher High while the RSI made a Lower High.
Low Timeframe also showing signs of reversal downwards with a possible H&S
High Timeframe Hidden Bearing Divergence: Price made a Lower High while the RSI made a Higher High.
Low Timeframe Regular Bearish Divergence: Price made a Higher High while the RSI made a Lower High.
Low Timeframe also showing signs of reversal downwards with a possible H&S
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(White lines show Regular Bearish Divergence on low TFs and magenta lines show Hidden Bearish Divergence on higher TFs.
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Low TF:
Comment:
Whoops. HERE is the low TF: