Welcome to the coffee shop everybody this is your host and baristo eric. By this time everybody knows how to see and plot divergences on your chart. The one thing that I fail to see in a lot of people is to give you a winning solution or strategy on how to trade divergences after you've found them. The answer is in your algo and how the RSI moves against its own pivot levels.
Now that may sound confusing to you but if I show it to you in a video it'll come to you very easily so in today's video I'm going to show you how to trade after a Divergence and where to take your profit.
Thanks for the video. Super good idea. I wish you could focus on strong points you want to show, otherwise, it's a bit difficult to catch what main points are in your video(s).
kindPlayer39953
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Hi, as usual: love it thanks for your efforts and sharing! Feature request: Could you pls add to the script that it draws a line like your manual lines showing the divergences?
fsalame
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Hi, I also want to know if its possible to use the previous pivot points (previous highs/lows) to know were the previous highs/lows on price to TP. Is is right to use them that way?
CoffeeshopCrypto
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@fsalame, thats exactly how you use them previous pivots are targets current pivots are SR levels you need to break through
SwallowPremium
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Your idea seems to be pretty accurate as always. Keep it up champ!!
Yo bro....this is a true game changer for me. Thank you. I have three videos of yours on the topic of divergence...and they go so hand in hand that it helped me come up with a trading plan. I cant wait to show results. The crazy part is im still paper trading it but with confidence that i can actually set it and for get it. Talk soon. Peace!
DRDREW2020
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How do you differentiate between a Divergence and a Pullback, in an up trend or down trend?
hctakeit
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Not sure what happened to previous comment....could you comment on the things / situations that would invalidate this trade setup? Could you comment about where to set your SL? in the comments below you had mentioned the formation of new pivot lines (circles)