Divergence refers to the discrepancy between the price movement of an asset and an indicator, signaling potential trend reversals in financial markets.
Explore the concept of divergence in technical analysis, where asset price and indicators move in opposite directions. Learn how divergence signals potential trend weakening and price reversals in trading.
In-depth exploration of the Ultimate Oscillator, including its definition, formula, application in trading strategies, and the significance of divergences in generating buy and sell signals.
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