The Divergence of Price Action & Trend Reversal: Hidden Strategy... (Paperback) (ISBN-13: 9798397729734)

When two related components move in the opposite direction, it is called divergence. Divergence is one powerful trading concept, which determines the trend direction and provide hidden signal for future trend. Traders generally use divergence for two purposes; assessing the price action & trend reversal. For positive or bullish divergence, the price action moves lower lows and the indicator that tracks this action indicates higher lows. Conversely, for negative or bearish divergence, the price action moves higher highs and the indicator that tracks this action indicates lower highs.

Author: Sudhir Kumar Sahu
ISBN-10: 8397729739
ISBN-13: 9798397729734
Publisher: Independently Published
Language: English
Published: 06/09/2023
Pages: 94
Format: Paperback
Weight: 0.32lbs
Size: 9.21h x 6.14w x 0.19d