Text book bearish and bullish divergence
Lets take a look.
Price goes up and indicator goes down you have a bearish divergence which means price should eventually follow.
Price go down and indicator goes up we have a bullish divergence and the price should eventually follow.
It's all on the same chart, break out expected soon... Which way? answers down below.
Price goes up and indicator goes down you have a bearish divergence which means price should eventually follow.
Price go down and indicator goes up we have a bullish divergence and the price should eventually follow.
It's all on the same chart, break out expected soon... Which way? answers down below.
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