What Is Divergence?

What Is Divergence?

What Is Divergence? – If you have been in the market for some time, you may have heard of something called “divergence”. Today we are going to share an informative write-up along with a few exhibits that may help you solidify your understanding of this important trading concept. This post will also lay the groundwork for future posts about related topics. We are going to cover the following topics: 1. What is divergence? 2. What are the different types of divergence? – Bullish divergence or Positive divergence – Bearish divergence…

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Ascending Triangle Pattern?

Ascending Triangle Pattern? – An ascending triangle occurs when there are higher lows, but the highs recure at the same price level due to resistance. Ascending triangles indicate an upward bias, with a flat top and a series of higher lows Ascending triangles are generally considered bullish and are most reliable when found during an up trend. The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation. There…

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