Dislikeddo we have bearish divergence? yes we do! a big move is coming {image}Ignored
Once I was a trader who relayed a lot of momentum. But every once in a while I got my fingers burned badly, because divergences can stay in place much longer than any trader can stay solvent. Other times, the divergences simply disappeared while price went ahead.
Oh yes, if you are lucky, you can make a killing on playing a divergence. But one has to admit: one needs a bit of luck.
I would not recommend to take a trade based solely on divergence. All in all your chance to be right is around 50:50, best case case roughly 60:40
JMHO