Divergence is when the price of an asset is moving in the opposite direction of a technical indicator.
In this Chart of ONEUSD 4 hrs chart we see a triple top and a Divergence with the MACD indicator. A short position would be taken at the MACD Divergence Indicator Signal and a take profit at the Support line shown. The Orange Support Line also shows great opportunity to go Long.
In this Chart of ONEUSD 4 hrs chart we see a triple top and a Divergence with the MACD indicator. A short position would be taken at the MACD Divergence Indicator Signal and a take profit at the Support line shown. The Orange Support Line also shows great opportunity to go Long.
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