- Spotting Divergences is a good way to be prepared for a potential trend reversal.
- Many peoples are using RSI in a wrong way, as fix point indicator (oversold or overbought).
- in reality RSI is a "Momentum indicator". Point to Point.
- Divergences most of the time are not enough to enter a position but help you to have more nice cards in your hands.
- They can be combined with Trend Lines, Supports/Resistances, pivots, MAs/EMAs and much more indicators.
- More information you get on a trend, more is helpful to be accurate.
- the reverse of the medal is using too many indicators at the same time can make you confuse and doubt.
- Trading is an art but patience a virtue.
Happy Tr4Ding !
- Many peoples are using RSI in a wrong way, as fix point indicator (oversold or overbought).
- in reality RSI is a "Momentum indicator". Point to Point.
- Divergences most of the time are not enough to enter a position but help you to have more nice cards in your hands.
- They can be combined with Trend Lines, Supports/Resistances, pivots, MAs/EMAs and much more indicators.
- More information you get on a trend, more is helpful to be accurate.
- the reverse of the medal is using too many indicators at the same time can make you confuse and doubt.
- Trading is an art but patience a virtue.
Happy Tr4Ding !
Comment:
Be careful what u short.
