to download user guide - NEXGEN Software Systems
to download user guide - NEXGEN Software Systems
to download user guide - NEXGEN Software Systems
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Divergences between Price and T-3 Macd BB swingsThe job of Divergence is <strong>to</strong> change the trend of the market or <strong>to</strong> cause a majorbounce or stall in the current trend.5 basics of Divergence and the expected outcome for the Fib Areas1. Bearish Divergence occurs when there are higher prices andlower Macd. REVERSAL EXPECTED - RESISTANCE MAYHOLD2. The market is TRENDING UP when there are higher prices andhigher Macd. NO REVERSAL EXPECTED - RESISTANCEMAY BREAK3. Bullish Divergence occurs when there are lower prices andhigher Macd. REVERSAL EXPECTED - SUPPORT MAYHOLD4. The market is TRENDING DOWN when there are lower pricesand lower Macd. NO REVERSAL EXPECTED – SUPPORTMAY BREAK5. When closing past a Divergence high or low, it shows the trendmay continue.*The reading of the Macd BB lines will be a vital part of your Pre-Trade andDuring Trade routine so please make sure you study them.14