The Handbook of Technical Analysis + Test Bank_ The Practitioner\'s Comprehensive Guide to Technical Analysis ( PDFDrive )

Divergence Analysis Confirmation and non‐confirmation may also be depicted as agreement and disagreement between general trends ...

thE hAnDbook of tEchnicAL AnALySiS nOte The price action at the point of non‐confi rmation is referred to as the current larger ...

Divergence Analysis Figure 9.11 illustrates wave cycles or oscillations at three different wave degrees. We observe price rising ...

thE hAnDbook of tEchnicAL AnALySiS The relationship between wave degrees is relative. Referring again to Figure 9.11 , if the al ...

Divergence Analysis In Figure 9.14, lower peaks in price are accompanied by higher peaks in the supporting data series giving ri ...

thE hAnDbook of tEchnicAL AnALySiS It should be noted that the directions of the prior and subsequent larger trends are wholly d ...

Divergence Analysis However, it must be noted that some indicators and oscillators in the support- ing data series may indicate ...

thE hAnDbook of tEchnicAL AnALySiS nOte Under the broad interpretation, any and all non‐confi rmation is regarded as divergent a ...

Divergence Analysis Figure 9.17 Directionally Aligned Slope Divergence and Convergence. Figure 9.18 Directionally Aligned Slope ...

thE hAnDbook of tEchnicAL AnALySiS significant directional discrepancy, as the slopes of all data series are moving in the same ...

Divergence Analysis nOte The use of peak to peak or trough to trough analysis to determine diver- gence is only applicable if we ...

thE hAnDbook of tEchnicAL AnALySiS especially when the path of the data series approximates a straight line. This is a common oc ...

Divergence Analysis Figure 9.21 Standard Slope Divergence in the Absence of Peaks and Troughs. In Figure 9.22, we observe peak a ...

thE hAnDbook of tEchnicAL AnALySiS 9.2.11 Degree of Confirmation and non‐Confirmation in slope Divergence It should be obvious t ...

Divergence Analysis Figure  9.24 Varying Degrees of Directionally Aligned Slope Divergence in a Downtrend. Figure 9.25 Increasin ...

thE hAnDbook of tEchnicAL AnALySiS nOte In non‐directionally aligned divergence, disagreement is either present or not, whereas ...

Divergence Analysis 9.3 Standard and Reverse Divergence With greater clarity on reversals, continuations, and the various approa ...

thE hAnDbook of tEchnicAL AnALySiS In general terms, basic reverse divergence occurs when: ■ (^) Only price, and not the support ...

Divergence Analysis It is imperative to realize that price is expected to subsequently follow through in the direction of the su ...

thE hAnDbook of tEchnicAL AnALySiS Bullish (or positive) divergence implies that price will either: ■ Reverse to the upside ■ Co ...