Skyrex

Ultimate Divergences Types Cheat Sheet

Education
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello, traders!

This is a cheat sheet for divergences defining between the price and oscillator. As the oscillator the RSI, Stochastic, MFI, CCI, MACD and other indicators can be used.

Regular Bullish Divergence
The price shows lower lows, oscillator - higher lows. This is the sign of downtrend weakness and potential reverse to the uptrend.

Regular Bearish Divergence
The price shows higher highs, oscillator - lower highs. This is the sign of the potential reverse from the uptrend to the downtrend.

Hidden Bullish Divergence
The price shows highers lows, oscillator - lower highs. This is the uptrend strength sign, it is going to continue.

Hidden Bearish Divergence
The price shows lower highs, oscillator higher highs. This is the downtrend strength sign, it is going to continue.

Try this powerful tool in your analysis and share your results in comments!

DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.

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