🎯 Key Tips to Trade Divergence Like a Pro! 🎯
Master the most powerful trading techniques to identify and trade divergence in the market.
💡 Key Tips:
Using False Breaks with Divergence.
Divergence means imbalance between the price structure and the indicator, which is the "mathematics" behind the price chance.
False breakout is a failed attempt of sellers or buyers to take control.
When a false breakout is confirmed by a divergence, we get a very powerful indication, that something is happening and trend might change from here.
MACD Divergence
When using MACD indicator we can spot divergence on the moving averages as well as the histogram. When the divergence appears on both at the same time, it is a confirmation for a stronger signal.
Divergence on both RSI and MACD
When we have MACD histogram + MACD moving average + RSI divergence at the same time, you just have better chances to end up as a winner at the end of the trade