The art of trading

Von thecryer
Aktualisiert
- Spotting Divergences is a good way to be prepared for a potential trend reversal.
- Many peoples are using RSI in a wrong way, as fix point indicator (oversold or overbought).
- in reality RSI is a "Momentum indicator". Point to Point.

- Divergences most of the time are not enough to enter a position but help you to have more nice cards in your hands.
- They can be combined with Trend Lines, Supports/Resistances, pivots, MAs/EMAs and much more indicators.

- More information you get on a trend, more is helpful to be accurate.
- the reverse of the medal is using too many indicators at the same time can make you confuse and doubt.

- Trading is an art but patience a virtue.

Happy Tr4Ding !
Kommentar
Be careful what u short.

Snapshot
Bitcoin (Cryptocurrency)BTCBTCUSDDivergencedivergencesdivergencetradingHarmonic PatternsTechnical Indicatorsrsi_divergencersidivergencethekingTrend Analysis

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