Divergence Pattern

A bearish divergence pattern is defined on a chart when prices make new higher highs but a technical indicator that is an oscillator doesn’t make a new high at the same time. This is a signal that bullish sentiment is losing momentum with the high probability that sellers are stepping in and the market may […]

The post Divergence Pattern appeared first on New Trader U.

Original source: https://www.newtraderu.com/2021/12/30/divergence-pattern/?utm_source=rss&utm_medium=rss&utm_campaign=divergence-pattern

You May Also Like