What is divergence?
Divergence is a method used in technical analysis when the direction of a technical indicator, usually some form of oscillator ‘diverges’ from the overall price trend. In other words, the indicator starts moving in the opposite direction to the price and the trading oscillator signals a possible trend reversal.
Once divergence appears, there...
Following are common things one can spot on weekly chart which happen before fall/crash of 2008 and 2020, similar thing can be found in other indices and on all time frames in chart
1. Price will continue to make higher high RSI or MACD indicators will show trend exhaustion with lower high not breaking previous high
2. Series of Negative divergence is seen on...
