DJC

ICT Theory - Example of Divergence - Inverted Charts

FX:GBPUSD   British Pound/U.S. Dollar
61 1 7
Here we have GBPUSD             with USDOLLAR             Inverted! Yes inverted.

You can invert any chart on Trading View by putting 1/ before any symbol. For example: 1/GBPUSD you will need the full tag sometimes, such as 1/CME:B61!

You can see a simple example for large divergence where GBPUSD             made new highs, but USD did not manage to. As a result we saw a large selloff with GU. This would indicate Large sellers (Commercial) of GBPUSD!

This should be cross-referenced with Open Interest and COT. Commitment to Traders data and Analysis.

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fxwaleed
a year ago
Very interesting, thanks @SiPRNET for sharing, lots of potential on this one
Reply
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