Identify Divergence Report .pdf - Content
Divergence is a very common tool used by traders to identify stronger possibilities of a potential trade. Divergence is the disagreement between the price movement and the indicator movement.
There is Bullish Divergence and Bearish Divergence. The indicators used to spot divergence are oscillating indicators such as the MACD, Stochastic, RSI and other such oscillators. divergence is to be used along side your trading system"s rules and can offer a higher probability trade.