This is the step by step video for this strategy / Idea
Confirming the Divergence
Many of you are still having trouble with your #divergence #tradingstrategy and in this video i want to take 5 minutes to show you the step you are forgetti...
CemmecHey Eric. I’ve got a question about something that seems to be really confusing. Just watched this vid and seeing the divergence of price H to LH...Hey Eric. I’ve got a question about something that seems to be really confusing. Just watched this vid and seeing the divergence of price H to LH and rsi H to HH - and you're talking about looking for a long when I always thought this setup was a hidden bearish divergence. Having said that I just pulled up the BTC 1H chart and found one like you show, drew my box, and when it breaks to the upside into the box it lines up with the ashi v6 break out of the range, and it’s a massive trade…. but still i thought originally it was a hidden bearish divergence. Can you share any insightsShow more12 months ago
CoffeeShopCryptoin that video i did not cover any hidden divergences. only regular ones.
If youll also notice, one of the things i stated is that i primarily find...in that video i did not cover any hidden divergences. only regular ones.
If youll also notice, one of the things i stated is that i primarily find regular divergences to have their existing points of intrest at the extremes of the oscillator values.
Hidden ones are continuation moves and should only be searched for when price is im the middle of an obvious pullbackShow more12 months ago
CemmecThanks mate. It just confuses me sometimes as I’m looking for bullish divergences of price L to LL and rsi L to HL and you tend to draw your arrows...Thanks mate. It just confuses me sometimes as I’m looking for bullish divergences of price L to LL and rsi L to HL and you tend to draw your arrows and the confirmation boxes on the price highs. Still learning Show more12 months ago
CoffeeShopCryptoyes because a bullish divergence doesnt mean the price will rise. it just means the momentum doesnt equate to the price movement. you need price to...yes because a bullish divergence doesnt mean the price will rise. it just means the momentum doesnt equate to the price movement. you need price to breach something to go long. those are the boxes. a divergence means a trend has stopped moving down. but that doesnt mean it instantly moves upShow more12 months ago
CSCFoundationThanks Eric, needed to see this 12 months ago
If youll also notice, one of the things i stated is that i primarily find... Show more 12 months ago