There are several types of divergences. Classic Divergence ore so called Triple Divergence and Serial Divergence. There are also Hidden Divergence and Intermarket Divergence but we ll not be covering these types of Divergences in this book so as they will not be using in our trading system. Also Divergences are divided by bullish and bearish ones.
Divergence is an indication that an end to the current trend may be near occurs when the price of a security diverges from a value of a technical indicator. A bullish divergence occurs when a technical indicator is making new highs while prices fail to reach new highs. A bearish divergence occurs when a technical indicator is making new lows while prices fail to reach new lows. Both of these divergences are most significant when they occur at relatively overbought/oversold levels.
In this book or manual we will teach to operate in the different types of divergences with great success high potential inputs configurations.
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