WHAT DOES THIS MACD DIVERGENCE MEANS...? KINDLY EXPLAIN
saketgod
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@MAYURSHAH444, MACD (Moving Average Convergence and Divergence) is a very popular indicator. MACD divergence means Price is decreasing at higher rate but MACD histogram is showing lesser momentum (speed of price movement). This means that the momentum of pushing down the price is declining, which means there is a chance of trend reversal. (Although this is considered as high probable indication, similar to other theories, this sometime fails). Always use stop loss in these cases