Convergence
December 8, 2021
Bearish Divergence
December 8, 2021

Bullish Divergence

Bullish divergence is when the chart moves down showing a downtrend, but the oscillator moves up. The most powerful divergence is considered to be when the oscillator is in the oversold zone.

If a bullish divergence is formed on the chart, the asset price may reverse after the fall and go up.

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