Oscillators

Divergence

Divergence is a situation when a discrepancy occurs between the indicator movement and the price chart.

As a rule, divergence indicates a possible trend reversal.

If the price chart sets a new high and the CCI stays at the same level or falls, you can expect the price to decrease.

If the price reaches a new minimum and the CCI stays at the same level or rises, you can expect the price to increase.

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