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Originally Posted by Thruline
By the way Thruline
what do you mean think in therms a threes?
Here's divergence buy on cable. Price shows three lower lows as indicator shows higher lows. You buy on confirmation--that can be trendline break, crossing a MA, whatever you choose. Most triple divergences combined with a confirmation of some kind provide a profitable move. Some of the moves are big. Others are brief reversals.
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BTW
what is the indicator you ve got there?
if you dont mind me asking