Bank of America (BAC) long

There is a nice bullish Jeddingen Divergence (price vs momentum divergence) on the 4H Timeframe. The past Jeddingen Divergences worked well and signalled a trend reversal.
If the current trendline will be broken to the upside, it could be a good opportunity to buy.

Trade fermée manuellement:

Price went up as expected - my new indicator seems to be very reliable!