ICT Theory - Example of Divergence - Inverted Charts
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.
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.
