Do you know about Hidden Divergence ?

                               Divergence, which is a term that technicians use when two or more averages or indices fail to show confirming trends,  is one of the mainstays of technical analysis. Here’s a new way to use oscillators and divergence as well as methods to locate entry levels during a trend. Most technical indicators mirror or confirm price movement. When price moves up, the indicator moves up; when price moves down, the indicator moves down. When prices peak, the indicator peaks; and when prices bottom, the indicator bottoms. Sometimes, however, a discrepancy occurs between price and indicator movement. That discrepancy is known as nonconfirmation and can be seen most clearly on overbought or oversold indicators as well as on indicators that move above or below a zero line.

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Do you know about Hidden Divergence ? Do you know about Hidden Divergence ? Reviewed by Money99 on 22:45:00 Rating: 5
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