This video's purpose is to go over the fundamentals of divergences. How to spot them and the effects they have. I might make a video later on practical application and how to trade them; as well as how to combine them with other technical analysis tools and techniques. And I should be doing a stream soon where we just spend an hour hunting divergences on...
This video is my attempt at simplifying and clarifying how to identify and spot divergences. THE MAIN TAKE AWAY: Bearish divergences are spotted by using the peaks of price and oscillators. Bullish divergences are spotted by using the valleys of price and oscillators. Bullish Divergence is actually a convergence. (wedgey) Bearish Divergence is a true...
I made this video to answer the questions I get about all those indicators I have on the left side of my screen. Basically, I like experimenting. The takeaway? I don't use them all. I don't use them all at once. I use some often, and others for context specific data.