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Re: surehands post# 17356

Monday, 01/15/2018 9:49:14 AM

Monday, January 15, 2018 9:49:14 AM

Post# of 18980
It's in my blood SH, can't stop now. Thanks for your charts and thoughts as well.
Been looking at the divergences on the 15 minute chart lately. Have not back tested this, but noticed that when a deep overbought/sold divergence happen, price is more likely to reverse, however if it is not followed by the opposite overbought/sold divergence, it may just be a pullback and the trend may continue.

I noticed that lately we have not gone into a deep oversold area, rather just bouncing off the 30 with no deep divergences, and the trend continued higher.