What's new

Divergence is a situation on the forex chart where the indicator and the price go in different directions

gramanno

New Member
The peculiar thing about divergences is how well they foretell reversals. These reversals may not always be significant, but the price still tends to bend in their direction.

An issue with these divergences is that they are hard to spot for the untrained eye. But that is the problem most of the indicators on this list solve. And in addition to solving this problem, they also have nuances that make them the best divergence indicators
 
Divergence in forex charts is when the indicator and price move in opposite directions, and it can signal potential trend reversals. It's important to use divergence in conjunction with other analysis tools and risk management strategies for informed trading decisions. Traders may consider utilizing a reliable trading platform or broker, such as AssetsFX, to implement their trading strategies and manage their investments effectively.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks