Technical Analysis Of The Financial Markets John J. Murphy Pdf Verified

John J. Murphy's " Technical Analysis of the Financial Markets

John J. Murphy's Technical Analysis of the Financial Markets John J

Every retail trader panics when they see a gap. Murphy calms them down by categorizing gaps into three specific types: Overbought (above 70 RSI): Do not sell immediately

• Overbought (above 70 RSI): Do not sell immediately. Wait for the oscillator to roll over.
• Oscillator Divergence: This is Murphy’s "secret sauce." When price makes a higher high, but the RSI makes a lower high (Bearish Divergence), it is one of the highest probability sell signals in the book.

Technical Analysis — Key Concepts & Practical Guide (inspired by John J. Murphy)

John J. Murphy.

If you’ve ever Googled "how to read stock charts," you’ve likely stumbled upon one name: Technical Analysis — Key Concepts & Practical Guide