Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

One of my favorite strategies to join a trend is three - two waves with hidden divergence #trading

15 Feb 2024 · 1 min

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In this tutorial, Vladimir Ribakov outlines a favorite method for joining an ongoing trend on the 1‑hour chart. He starts by noting that a break below a descending triangle signals the start of a classic trending structure. The setup consists of three consecutive lower highs and lower lows forming an ABCD two‑wave correction. He highlights a bearish hidden divergence where price makes lower highs while the indicator makes higher highs, confirming the entry. Additionally, he points out a large balance zone identified via the volume profile, which serves as a key area for trade management.

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And as we discussed on the weekly forecast, break below this triangle on the 1-hour chart should bring a classical trending structure of one of my favorite strategies to join the ongoing trend. You can find a video right now on the right top corner explaining these very strategies. And what we had here is 3 lower highs, lower lows with ABCD correction, 2 waves correction. And what one of my favorite scenarios, bearish hidden divergence. While the market is making lower highs, indicator is making higher highs. And the classical setup comes right on play. We have huge balance zone here with the volume profile. We have an amazing