Challenges of Divergence analysis and how to overcome them?
|There are occasions when major price moves start from levels where there was clear divergence. Most traders know what divergence is and are familiar with the theory behind it. They know how to spot divergence on a chart. However, often the challenge with technical analysis is not spotting the occasion when the chosen method of analysis is working; the real challenge are those situations when that method fails. Very often, price just keeps on moving higher even though there has been clear divergence between the price and an oscillating indicator. In this webinar I will take a look at what can be done to filter out these situations and what technical tools can be used to gain a better understanding on price dynamics when divergence occurs.
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