Divergence playout

So, how did the divergence play out? Here you go -

Divergences on a time scale that imply getting back into the higher level trend have a very good risk reward ratio. In this case, the daily trend is up and each time we had a divergence on the hourly, there was a swift move to the upside. 

The tape is still in a downward sloping channel and will meet resistance at the upper channel line. That will be the tell of whether the bigger trend is intact or not.