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RIBBON DIVERGENCE examples


back to Divergence  [110703]  [110703]  [110303]  [102803] [dacharts]


 

"The fact that there is ribbon divergence is telling you that the trend still has momentum, and to stay with, or hop on the trade?" Keith

" ribbon divergence ...- can be used for adding contracts or if higher time frames indicate - getting on board if you missed the initial entry" Buffy

"It is common to have a ribbon divergence, which is when the 5/3/3 and 9/3/3 do not stay together, to occur with Bline slings..
We are looking for a short continuation trade which is in the direction of the trend." from definition of Slingshot

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110703 ES 133 tick Bearish Ribbon Divergence 110703 ES 990 tick Bearish Ribbon Divergence
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110303 ES 343 tick Bullish Ribbon Divergence 110303 ES 990 tick Bullish Ribbon Divergence
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102803 ES 990 tick Bullish Ribbon Divergence  
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