Disliked{quote} Remember, the higher timeframe divergence happens before the 5M divergence. After the Frankfurt open you trade the 5M divergence in the same direction as the higher timeframe divergence. Today, the initial 5M divergence at extremes actually happened prior to the Frankfurt open.Ignored
Does the side the signal is on determine whether one should go long or short? So for instance in the attached photo we got Alan's divergence on both the Lower and Upper side of the RSI. Let's say we have confirmation from higher timeframe where we expect price to travel north. Is it okay to go long on both types, or should we only go long when we find divergence on the lower part of RSI?