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Get to Know the Divergence Pattern, Here's the Explanation!
Types of Divergence
There are two types of divergence, namely Regular Divergence and Hidden Divergence. The following is an explanation for both types.
First, there are regular divergences which are signs to indicate a trend reversal.
There are two regular divergences, namely regular bearish divergence and regular bullish divergence.
Regular Bullish will occur if the chart price is in a lower low position and the indicator is in a higher low position.
This sign is an indication that a trend reversal or reversal, from a downtrend to an uptrend, namely bullish.
Types of Divergence
There are two types of divergence, namely Regular Divergence and Hidden Divergence. The following is an explanation for both types.
First, there are regular divergences which are signs to indicate a trend reversal.
There are two regular divergences, namely regular bearish divergence and regular bullish divergence.
Regular Bullish will occur if the chart price is in a lower low position and the indicator is in a higher low position.
This sign is an indication that a trend reversal or reversal, from a downtrend to an uptrend, namely bullish.