trendystockz

Hidden Bullish Divergence

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NSE:CANBK   CANARA BANK
This can be seen when the pair is in a uptrend. Once price makes a higher low (HL), look the oscillator does the same. If it doesn't and makes a lower low (LL), then we've got some hidden divergence in our hands. The normally occurs at the end of bearish trend.
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RSI Trading Divergence And Understanding Momentum.
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