Awesome Oscillator Divergence Indicator

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Awesome Oscillator Divergence Indicator

If worth is making greater highs, the oscillator must also be making greater highs. If worth is making decrease lows, the oscillator must also be making decrease lows.

If they're NOT, meaning worth and the oscillator are diverging from one another. And that’s why it’s referred to as “divergence.”

Divergence buying and selling is an superior device to have in your toolbox as a result of divergences sign to you that one thing fishy is occurring and that it is best to pay nearer consideration.

Utilizing divergence buying and selling may be helpful in recognizing a weakening pattern or reversal in momentum. Generally you'll be able to even use it as a sign for a pattern to proceed!

 

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.