You make a great confusion .What you call convergence it is in fact a bullish regular divergence.the divergences are two types regular and hidden.Convergence is something else,dont mix convergence with divergence because it will result SOUP.
FxCanli
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@tmanuelasorina, there is 2 type divergence and 2 type convergence, these are Hidden Divergence, and Classic divergence
and Hidden convergence, and Classic Divergence
@FxCanli,I dont want to argue with you but if you dont believe me go to babypips.com and see the hidden the regular divergences and also abou convergences.I learned from there .
Cocotrader67
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@FxCanli, She is right. The divergence/convergence doesn't refer to the two lines you draw. Convergence means that the price and the indicator go the same way.
TimStuyts
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@FxCanli, that's true, although your charts don't show it ;-)
MetinYLDRM
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thanks
Cocotrader67
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Very interesting but not so useful :D
It's like differenciate swings and scalps according to the duration of the trade, it is malapropism. But is it necessary to be right to be a good trader ?
You will never finish listing the mistakes ;)