MAYA_MUMBAI
Education

A study on Divergence !

NSE:SUNTV   SUN TV NETWORK LTD
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Price action always gives up to date information. The interpretation of price is an art and not an easy task.

Adding a method to support one’s strategy, and an analysis which has more predictive value, could be very useful.

A proper divergence is only present when the histograms indicating momentum have retraced back to the zero line.

Two subsequent lows or highs where the histograms have not returned to the zero line are not proper divergences. These are sometimes called bad divergences.

Often enough if a trader would zoom in 1-time frame a proper divergence would become noticeable there.
@manthan0001

Hello

I prefer public chat rather
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@jibintharayil

Yes, jibin

You can ask your doubts here
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@ShreeKrishna

you can get all the info by google

There is also an excellent book on price action by Lance beggs

Most of ny trading system is by him - Its around 600 pages, but worth it
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I-Fund-Trader MAYA_MUMBAI
@MAYA_MUMBAI, Madam I started informing who asked me about price action or basic course , i dont remember may be more than 100 people have asked me , i was always suggested lance Youtube video , No need even the books to down load , he him self have given the lots of explanation , Grate educator
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MAYA_MUMBAI I-Fund-Trader
@I-Fund-Trader,

yes true

he is very simple and selfless trader
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ShreeKrishna MAYA_MUMBAI
@MAYA_MUMBAI, Thanks Madam , i will go through
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ShreeKrishna MAYA_MUMBAI
@MAYA_MUMBAI, i Joined a Elliott wave Course paying 2500 USD , to U S based Firm
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@manish69

i prefer public chat

thanks
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@Daytrader-EQ

thanks for sharing your views


.... I APPRECIATE !
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Effect of regular divergence is seen !

Effect of hidden divergence is yet to be seen !!

15 minutes is a really short time period !
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