Bullish and bearish divergence

In the ever-evolving domain of forex trading, chart patterns serve as a distinctive language, articulating insights into market sentiment and potential future price trajectories. These patterns act as imprints left behind by market participants, revealing recurring formations that traders and analysts decipher to make well-informed decisions.

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 Divergence is a strong signal in forex, trading which can show the upcoming market changes. At the least, divergence signals can indicate a correction. At most, they can signal a market reversal. When a trader sees the divergence signs, it means they should get ready for placing sell orders.