A Thread 🧵

Detailed study on What is divergence and it’s types.

✅ Regular Bullish & Bearish Divergence
✅ Hidden Bullish & Bearish Divergence

Retweet and Like to help Beginners and Others !
1- What is Divergence ?

A scenario where price is moving opposite to technical indicator like RSI, MACD.

Divergence tells us whether the trend is weakening or not.

It is the hidden hand of weakness and strength and signal whether to hold a trade or book profits.
2- Types of Divergence

• Regular Divergence
• Hidden Divergence
Regular Divergence

• Regular Bullish Divergence :- Price moves lower low but oscillator has higher lows
✅ Indicates Buy signal

• Regular Bearish Divergence :-
Price Higher high but oscillator higher lows
✅ Indicates sell signal
Hidden Divergence

• Hidden Bullish Divergence
price Higher low but oscillator lower low
✅ Indicates buy signal

• Hidden Bearish Divergence
Price Lower high but Oscillator higher high
✅ Indicates sell signal

• • •

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More from @chartmojo

29 Dec 20
An Important Thread 🧵

What is pullback and it’s types ?

✅ Shallow Pullback
✅ Sharp Pullback

A detailed thread the pullback theory.

Retweet and Like to help others and Beginners!
Pullbacks are short term price drops during an uptrend.

There is a small hiccup in the market and that don’t change the underlying trend.

Pullback have dry up volume which can be noticed on the security.

Usually “Buy Low” traders exit after breakout with small profit. Image
The image below shows a practical example of pullback after the breakout. Image
Read 6 tweets
19 Dec 20
IMPORTANT THREAD 🧵👇

How to Learn Technical Analysis ? (Beginners)

In this thread I have mentioned the 6 step process through which a newbie or a layman can learn Technical Analysis from the scratch level.

Retweet to help others and if you have doubts than you can DM me..
(Part-1)

1- Start learning with Zerodha Varsity
2- Practice candlestick + chart patterns for 1 months with no indicators.
3- Watch F2F video of @vivbajaj sir on @elearnmarkets (start with @Rishikesh_ADX wherein he teaches Dow theory In a very simple way)....
(Part-2)

5- Read Candlestick trading bible book (google out the PDF)
6- Now blend Dow theory with candlestick + chart patterns and see how it works.

Keep practicing and continue to train your eyes to see pattern and charts.
Read 4 tweets

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