CCI Trade Divergence Indicator
CCI trading indicator is one of the often used divergence indicator. This indicator is an oscillator technical indicator similar to the RSI & it can be used to trade divergence just the same way as the RSI.
Commodity Channel Index, CCI Analysis & CCI Signals
The CCI estimates the variation of a commodity price from its statistical mean/statistic average.
CCI is an oscillator trading indicator which oscillates between high levels & low levels
When the CCI is high it displays that the price is unusually high compared and analyzed to the the average.
When the CCI is low it displays that the price is unusually low compared & analyzed to the the average.
CCI FX Divergence Indicator
CCI FX Divergence Indicator
CCI Bullish Divergence Setups - CCI Divergence Indicator
Classic CCI Bullish Divergence
CCI classic bullish divergence occurs when price is forming/making lower lows (LL), but the CCI is forming/making higher lows ( HL ).
Classic Bullish Divergence - CCI Divergence Indicator
CCI classic bullish divergence warns of possible shift in the trend from downward to upwards. This is because even though price moved lower the volume of sellers which moved price lower was less as is shown by CCI indicator. This is an indicator of the underlying weakness of the downward trend.
Hidden CCI Bullish Trade Divergence
Forms when the price is forming/making a higher low (HL), but the CCI trading indicator is displaying a lower low ( LL ).
CCI hidden bullish divergence occurs when there's a retracement in an uptrend.
Hidden Bullish Divergence
This setup confirms that a retracement move is exhausted. This CCI divergence reflects underlying strength of an uptrend.
Bearish Divergence - CCI Divergence Indicator
Hidden CCI Bearish Trade Divergence
Forms when the price is forming/making a lower high (LH), but oscillator technical indicator is forming/making a higher high ( HH ).
Hidden bearish divergence occurs when there is a retracement in a downtrend.
Hidden Bearish Divergence - CCI Divergence Indicator
This setup confirms that a retracement move is exhausted. This divergence reflects underlying power of a downtrend.
CCI Classic bearish FX Divergence
CCI classic bearish divergence occurs when price is forming/making a higher high (HH), but the CCI is making a lower high ( LH ).
Classic Bearish Divergence - CCI Divergence Indicator
CCI classic bearish divergence warns of possible shift in the trend from upward to downwards. This is because even though price moved higher the volume of buyers that moved price higher was less like illustrated by CCI indicator. This is an indicator of the under-lying weakness of the upwards trend.
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