Thursday, April 09, 2015 12:18:01 PM
A divergence caveat...
When divergences ARE present, the odds of a reversal are greatly increased.
Without them you might have to use some other means to enhance your reversal play guesses...
Some other means for timing reversals:
Trend line break outs...(some buy the Re-Test of the break point)
Reversal candlestick patterns or bars...(Hammers, Harami pairs, long tails below price etc.)
Selling volume is over-done...(peaking or exhausted)
How do you recognize when "a" bottom has formed?
When divergences ARE present, the odds of a reversal are greatly increased.
Without them you might have to use some other means to enhance your reversal play guesses...
Some other means for timing reversals:
Trend line break outs...(some buy the Re-Test of the break point)
Reversal candlestick patterns or bars...(Hammers, Harami pairs, long tails below price etc.)
Selling volume is over-done...(peaking or exhausted)
How do you recognize when "a" bottom has formed?
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