Here is an sample of Divergent Bar recently formed on 4 hours chart of EURCHF.On 8th and 9th May we see two consecutive Dbars. Last one (9th) was triggered first and almost immediately was stopped (on the next bar).
The up move triggered the 1st DBar. Sideway move formed a down fractal and a little later another up fractal taking away Divergent bars stop loss.
Both up fractals are not triggered still.
Down fractal was taken giving us a profit of about 75 pips. This new down move was ending in another couple of Divergent bars forming more acute angle and almost immediately triggered. These Dbars were supported by AO generating 3 consecutive green bars - a signal for adding to the trade.
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