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Double SMT divergence at lows; Bitcoin rallied 15%, ETH up 30% more; discretionary trading approach on divergence signals.

From The Truth About SMT Divergence in Your Trading Model · jumps to 20:55 · speech

▶ Open at 20:55 on YouTube
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So we had almost like a double SMT divergence here. Bitcoin ended up rallying 15%. This move below the lows, it broke here. This isn't even a sweep. This is a breakdown here. Was fake. That clue was obvious in ETH, which made a higher low. Never made that same lower low. Bitcoin went up 16%, ETH up over 30%. So in this case, it was relatively much stronger. It doesn't mean you had to long ETH. Because there was a sweep here, you might have said, well, my invalidation on Bitcoin is easier here. I would rather take that trade. That's totally fine. Or you might say, well, you know what? ETH made the higher low. So if I'm going to go and look for longs, I'm going to go look over there. That's fine too. Again, part of trading is discretion, personal preference. This is one of those instances.
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