Here's a rewritten version of the text, incorporating the concept of hidden bullish divergence and potential market implications:
Hidden Bullish Divergence: A Potential Turning Point
The chart reveals an interesting formation known as a hidden bullish divergence. This pattern emerges when the price action shows a lower low, while the Relative Strength Index (RSI) forms a higher low.
In simpler terms, the price is declining, but the RSI is showing increasing buying pressure. This divergence suggests that the selling momentum is waning, and a potential bullish reversal may be on the horizon.
The presence of two volatility contractions, nearly coinciding with dark pool signals, further supports this interpretation. This pattern has historically been associated with significant market shifts.
Therefore, while the current trend might seem bearish, the hidden bullish divergence and the accompanying signals hint at a possible upward movement in the near future.
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