Hi everyone,
I would like to point out at the importance of divergence.
Divergence appears on a chart when price action and an indicator (MACD, STOCH, RSI etc.) move in opposite direction.
In my experience spotting a divergence on a higher time frame gives me an idea to look for a reversal/confirmation/set up on a smaller one. I am using it as a leading indicator in my trading.
Happy trading!



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