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    Divergence Cheat Sheet2

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    gardan
    The document is a cheat sheet describing divergence types on an oscillator. It outlines the bullish and bearish types of regular and hidden divergence based on price and oscillator behavior. Regular divergence occurs when the price makes a new high/low but the oscillator does not, while hidden divergence happens when the price makes a new low/high but the oscillator does not form a new low/high. Divergence signals potential trend changes and entry opportunities depending on the type.

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    Divergence Cheat Sheet2

    Uploaded by

    gardan
    211 views4 pages
    The document is a cheat sheet describing divergence types on an oscillator. It outlines the bullish and bearish types of regular and hidden divergence based on price and oscillator behavior. Regular divergence occurs when the price makes a new high/low but the oscillator does not, while hidden divergence happens when the price makes a new low/high but the oscillator does not form a new low/high. Divergence signals potential trend changes and entry opportunities depending on the type.

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    reading material

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    The document is a cheat sheet describing divergence types on an oscillator. It outlines the bullish and bearish types of regular and hidden divergence based on price and oscillator behavior. Regular divergence occurs when the price makes a new high/low but the oscillator does not, while hidden divergence happens when the price makes a new low/high but the oscillator does not form a new low/high. Divergence signals potential trend changes and entry opportunities depending on the type.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    211 views4 pages

    Divergence Cheat Sheet2

    Uploaded by

    gardan
    The document is a cheat sheet describing divergence types on an oscillator. It outlines the bullish and bearish types of regular and hidden divergence based on price and oscillator behavior. Regular divergence occurs when the price makes a new high/low but the oscillator does not, while hidden divergence happens when the price makes a new low/high but the oscillator does not form a new low/high. Divergence signals potential trend changes and entry opportunities depending on the type.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 4

    Divergence Cheat Sheet

    Type

    Bias

    Price

    Oscillator

    Description

    Bullish

    Lower Low

    Higher Low

    Indicates underlying strength. Bears are


    exhausted.Warning of possible trend direction change
    from downtrend to uptrend.

    Bearish

    Higher High

    Lower High

    Indicates underlying weakness. Bulls are


    exhausted.Warning of possible trend direction change
    from uptrend to downtrend.

    Bullish

    Higher Low

    Lower Low

    Indicates underlying strength. Good entry or re-entry.


    Occurs during retracements in an uptrend. Nice to see
    during price retest of previous lows. Buy the dips

    Bearish

    Lower High

    Higher High

    Indicates underlying weakness. Found during


    retracements in a downtrend. Nice to see during price
    retests of previous highs. Sell the rallies

    Regular

    Hidden

    Example

    Type

    Bias

    Bullish

    Price

    Higher Low

    Oscillator

    Description

    Lower Low

    Indicates underlying strength. Good entry or


    re-entry. Occurs during retracements in an
    uptrend. Nice to see during price retest of
    previous lows. Buy the dips

    Higher High

    Indicates underlying weakness. Found during


    retracements in a downtrend. Nice to see
    during price retests of previous highs. Sell
    the rallies

    Hidden

    Bearish

    Lower High

    Example

    Type

    Bias

    Price

    Oscillator

    Description

    Bullish

    Lower Low

    Higher Low

    Indicates underlying strength. Bears are


    exhausted.Warning of possible trend
    direction change from downtrend to uptrend.

    Bearish

    Higher High

    Lower High

    Indicates underlying weakness. Bulls are


    exhausted.Warning of possible trend
    direction change from uptrend to downtrend.

    Regular

    Example

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