I wanted to pass on an easy way to determine divergence direction without pausing to look at a chart.
Just remember these two sayings:
- Bottom's up
- Top down
Bottom's up = when divergence is determined from bottom (underneath) slopes, it indicates PA will move up
Top down = when divergence is determined from top slopes, it indicates PA will move down
Simple!
Just remember these two sayings:
- Bottom's up
- Top down
Bottom's up = when divergence is determined from bottom (underneath) slopes, it indicates PA will move up
Top down = when divergence is determined from top slopes, it indicates PA will move down
Simple!