If the indicator is higher than the previous high and the price is lower than the previous low, this is called hidden bearish divergence.
The system is one, the results are different. Why? It is checked by practice - if several traders (approximately the same level) work on the same system, the results will be completely different. Why? Psychology with problems of a personal character comes to the fore. People have different psychotypes, different attitudes to risks, different measures of...
Our strategy is an excellent addition to the classic technical analysis or volume research. Today we share with you our experience and even without additional filters, the ratio of profits and losses is amazing. Big players are reluctant to share secrets, information about current open orders (Open Book) is partially closed to the general public. In the free...
To find a divergence you have to take in account for the movement at each point in time. For example, make sure your divergences include a contiguous downtrend or uptrend or else they are invalid. Furthermore, don't build opinions over a single timeframe or indicator: always be sure to use multiple. Another good tactic is to discuss with people who might have...
Key patterns to look for when attempting to gain insight into potential future price action.
The indicator of open interest is a little used indicator in the market of crypto currency. However, this is a mistake. After all, in fact, no indicator will provide a clearer signal of confirmation of the strength of the trend or its reversal. Open interest is one of the first indicators used to conduct technical analysis. It is not based on any formulas. It...
Chaikin Money Flow (C.M.F.) Definition Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any...
This technique pans out more often than not and is easy to chart with the tradingview tools.
Everyone selling but RSI looks suspicious... How can it go up. Think about that. price: lower low RSI: higher low The arrow represents 60% price action... www.babypips.com
What is 'Divergence' Divergence appears on a bar chart when the price of an asset and an indicator, index or other related asset move in opposite directions. In most of time DVG have 3 peak, or bottom,. 3rd is considered as confirming. Best indicators for look DIVG is MACD, CCI, RSI, also clone of MACD is Awesome Acs. Best and most confirmed divergence can be...
General RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred. I hope others find it useful. Source Used: Thanks Crypto Cred!! www.youtube.com www.babypips.com
DIVERGENCES are used to forecast an upcoming Price Reversal or Continuation. There are 4 different types of Divergences and the first ones are Regular Bullish and Regular Bearish Divergences. What are they? Regular Divergences are when the price movement is contrary to the indicator movement. Signal for an upcoming Price Reversal, trend is about to change. Then...
-is to find out if the momentum is getting stronger or weaker, if the chart make a higher high and the indicator made lower high so it refer to; the momentum is decreasing, in order to spot the (breakout from fakeout) -in this example we have a rectangle consolidation, you can see the first breakout was a fake out, here we'll use divergence to spot this fake out...
This was a classic case of Bearish MACD divergence. The price was forming higher highs and the MACD was forming lower Highs. This could be a good reason to take a trade signal opposite of the trend. With out such indications trading reversals can be risky.
PullBack / ThrowBack / Divergence / Convergence
This is a Daryl Guppy approach; Safe trades;