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What is Market Reversal: Divergence Explained about?

A divergence in the market indicates a potential reversal, characterized by a higher high in the candlestick chart and a lower high in the RSI. In the EUR/GBP 30-minute time-frame, a divergence was identified, leading to a successful lower call for 5 minutes. The confirmation of the market reversal was further supported by a break in the trend line.

Author

seif

Language

EN