Based on the principle of Harmony & Divergence, should we expect this uptrend to continue higher or reverse and move lower?
Understand the Problem
The question is asking whether an uptrend in a financial chart will continue or reverse, based on the principle of Harmony & Divergence. It seeks a prediction regarding the price movement of an asset.
Answer
Continue
The uptrend is likely to continue.
Answer for screen readers
The uptrend is likely to continue.
More Information
Based on the principle of Harmony and Divergence, without evidence of divergence in the given chart, the uptrend should continue.
Tips
A common mistake is to misidentify divergence. Ensure that the selected indicators correctly represent the market conditions.
Sources
- What Is Divergence in Technical Analysis and Trading? - Investopedia - investopedia.com
- 9 Rules for Trading Divergences - Babypips.com - babypips.com
- Trading Divergence and Understanding Momentum - Investopedia - investopedia.com
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