What is the Relative Strength Index?
December 8, 2021
Bullish Divergence
December 8, 2021

Convergence

Convergence, as well as divergence, is also a divergence between the chart and the oscillator, but in the opposite direction: the chart moves down and indicates that the price is falling, and the indicator is directed up and indicates the growth of the price.

In convergence, as in divergence, the trend may reverse and the price will start to rise after the decline.

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