I have noticed a lot of divergences with a custom indicator I have had. Does anyone trade divergences full time?
I have been reading a lot about hidden, standard, bullish, bearish divergence. At the end of the day a chart that say the type of divergence and the trade to take like attached still cannot say for certain if price will go one way or another.
If this is true how do you trade it? I was thinking that every time I see divergences I noticed that this may mean a big move is bound to happen soon.
Has anyone noticed this? If so the only way we can trade this is knowing that and trade when price breakouts of a zone. Anyone trade like this, or follow what I am saying?
See example
I have been reading a lot about hidden, standard, bullish, bearish divergence. At the end of the day a chart that say the type of divergence and the trade to take like attached still cannot say for certain if price will go one way or another.
If this is true how do you trade it? I was thinking that every time I see divergences I noticed that this may mean a big move is bound to happen soon.
Has anyone noticed this? If so the only way we can trade this is knowing that and trade when price breakouts of a zone. Anyone trade like this, or follow what I am saying?
See example