InvestorQ : Are there various types of divergences or are all divergences of one type only?
Contents Failure of RSI Oversold Buy these two shares for gains; Nifty 50 resistance at 18300, support placed at 17800 Need to write AFL for +/-, Hidden Divergence Divergence Type Furthermore, when divergence does occur, it doesn’t always mean the price will immediately reverse, or reversal will occur soon. Bearish divergence can last for a long time and consist of several highs. Therefore, traders should undertake other forms of analysis to confirm signals offered by divergence. CFDs are complex instruments and come with a high risk of losing money rapidly…read more