Divergence Chart
by Trader Rich
As most of you are aware, divergence can be a good predictor of future price. I posted a couple of weeks ago the differences between the following types of divergences:
- Classic Bullish Divergence
- Classic Bearish Divergence
- Bearish Hidden Divergence
- Bullish Hidden Divergence
For someone that hasn't been doing this for years and years, it isn't always easy for me to look at a chart and immediately see that a certain type of divergence is evident. These 4 types of divergences have 4 totally different characteristics and I've been known to make a mistake identifying them. Therefore, I have created a divergence identification chart PDF complete with charts. It's only 2 pages and printed in landscape can really help a lot with spotting divergences. Check it out.


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