Muhammad Naveed Rana
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02/03/2020
What is Divergence and how to earn from this?
There are two types of divergences in Forex Market.
1. Bullish Divergence
2. Bearish Divergence.
Bullish Divergence
Bullish divergence is created when the market is forming lower lows and the indicator is creating Higher lows. In other words the market price is falling but the indicator show the up level or higher lows. We can enter in long positions with confirmation of bullish divergence.
Bearish Divergence
in bearish divergence the market is creating the higher highs and the indicator is showing the lower highs. In other words the market price are moving upward and the indicator shows the lower highs and indicator value goes down. We can enter in short positions.
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