📢📢 TRADING TO SURVIVE......
importance of MACD Divergence in trading, particularly in the crypto market. The author shares their personal experience of losing $8 million in three liquidations but credits MACD Divergence for helping them survive and recover.
*Key Takeaways:*
- *MACD Divergence*: A tool that can help identify potential market reversals.
- *Top Divergence*: When price makes higher highs, but MACD bars shrink, indicating a potential trap.
- *Bottom Divergence*: When price makes new lows, but MACD bars shrink, indicating a potential buying opportunity.
- *Trading Rules*: The author shares their 3-step stop-loss strategy and emphasizes the importance of waiting for confirmation across timeframes.
The post highlights the importance of using MACD Divergence as a trading tool, especially in volatile markets. It also emphasizes the need for discipline and patience in trading, rather than relying on flashy indicators or market hype.
