9 Rules for Trading Divergences
4. Eyes on the Price
So you’ve connected either two tops or two bottoms with a
trend line. Now look at your preferred indicator and compare it to price
action. Whichever indicator you use, remember you are comparing its TOPS or
BOTTOMS. Some indicators such as MACD or Stochastic have multiple lines all up
on each other like teenagers with raging hormones. Don’t worry about what these
kids are doing.
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