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Advanced Divergence Trading
Nifty Bank Index
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Advanced Divergence Trading
By SkyTradingZone
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Sep 14
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Sep 14
"Welcome to SkyTradingZone "
Hello Everyone 👋
Video Information -
Hello , Everyone lets start the Journey of Advanced Divergence Trading
In this video, we are going to look at divergence.
What is divergence?
Divergence is basically
when the market is creating
higher highs and higher lows, and
the RSI is creating the opposite.
(Divergence can happen in
both downtrends and uptrends.)
----------------------------------------------------------------
Q What divergence does, it's basically
telling you that the trend is weakening.
This is in a downtrend, and the RSI,
the divergence, is basically telling you
that this downtrend is weakening and
there could be a possible reversal soon.
So normally when divergence
is happening, you normally see
The market creates basically a curve.
----------------------------------------------------------------
Structure is always key
It doesn't matter the strategy
you use, structure is always key.
So what you want to see is that
breaker structure to say that the trend
is changing because structure changed.
Note- Normal Tip From our side try to learn Liquidity and order block
backtesting
BANKNIFTY
Chart Patterns
Crude Oil
Divergence
Technical Indicators
price
Relative Strength Index (RSI)
rsi_divergence
Trend Analysis
SkyTradingZone
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