DislikedI have to agree with RJ on this one, it is definitely a bullish hidden divergence, should enter long instead of short.
Check this out.
EDIT: The key to divergence is whenever you draw a line above price or the oscillator, it will always be a short (bearish divergence) and whenever you draw a line below price or the oscillator, it will always signal a long (bullish divergence), no matter if its regular, hidden, or exaggarated.Ignored
PS: the same pattern seen on current test of 1.32