Divergence hunting

Is anyone interested in sharing possible divergence opportunities? I’ve just entered 2 short trades on AUD/NZD and EUR/CAD after what look to me like bearish continuation divergence patterns on the daily charts.

Can anyone confirm that these are in fact good divergence oppotunities and if not why not?

I’m using daily charts and default stochastics in MT4

It seem very risky to trade divergence on it’s own. When I trade it, I always trade it with price action patterns confirmation. Have you tryed that?

Thank you,
Albinas :slight_smile:

divergence is just as likely to not play out as well as to play out. I wouldn’t trade it just by itself. Hidden divergence is good too, though again, its no good by-itself…