A Bullish Divergence occurs when the price makes a lower low while a technical indicator (such as RSI or MACD) forms a higher low.
This signals weakening selling pressure and a potential reversal to the upside.
This signals weakening selling pressure and a potential reversal to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.