Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Best Forex Brokers
  • Learn trading
  • Affiliate
  • Contact
  • About us
Home » FAQ » What is Triple Divergence?

What is Triple Divergence?

by Fxigor

As we know, divergence represents a chart pattern when an asset’s price moves in the opposite direction of an oscillator.

Most traders use indicators to know more about the divergences as they tell you about the possible trends and their strength and possible reversals. Most indicators highlight divergences with the help of peaks and troughs. These are created on the price charts along with a series of similar highs and lows. You can expect a possible reversal when the indicator is unable to imitate the price chart pattern. It also indicates that the trend might be weak.

If there is an uptrend, and the price reaches a new high, the indicator cannot do so; the divergence is bearish. If there is a downtrend and the price reaches a new low, but the indicator cannot do so, the divergence is bullish.

However,  except for bullish and bearish divergence, there is one more – triple divergence.

free course banner

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

 

What is a triple divergence?

Triple divergence represents a false divergence signal when the price makes a new and higher high (during an uptrend) or a lower low (during a downtrend ). Still,  the direction does not reverse after three attempts.

For example, a triple bearish divergence has three times in a row false bearish reversal:

free course banner
fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

triple divergence bearish

 

Triple divergence should not be considered when the trend is fragile, and when:

  • When the price and indicator, respectively, make an equal High and a lower High.
  • When the price and the indicator make an equal Low and a Higher Low.
  • When both the price and the indicator make an equal High
  • When both the price and the indicator make an equal Low
  • The difference in the height of peaks and troughs is almost negligible.

 

Conclusion

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

All these trading signals are important and work differently when it comes to creating trading strategies. Different traders use different indicators. Do keep in mind that using a single indicator can cause more harm than good. It is better to use at least three complementary indicators at one.

  • Author
  • Recent Posts
Fxigor
Fxigor
Trader since 2007. Currently work for several prop trading companies.
Fxigor
Latest posts by Fxigor (see all)
  • How to Fix Invalid Account MT4 problem?
  • How to Fix MT4 Common Error in 2022? – Screenshots and Video Instruction
  • Is ICP Worth Investing In? – ICP Price Today

Related posts:

  1. Avatrade Bonus Terms
  2. Download RSI Divergence Indicator for MT4
  3. Download MACD Divergence Indicator MT4!
  4. Divergence Cheat Sheet
  5. The Best Divergence Trading Strategy
  6. Bullish and Bearish Divergence in Details
  7. Avapartner Review
  8. Avapartner forex affiliate program – avapartner review
  9. What is Trix Indicator? – Download Trix Indicator for MT4
  10. Download MACD 4C Indicator
  11. AvaPartners best Forex Affiliate Program review

Filed Under: FAQ

Trade gold and silver. Visit the broker's page and start trading high liquidity spot metals - the most traded instruments in the world.

Trade Gold & Silver

Diversify your savings with a gold IRA.

Gold & silver portfolio-building assistance from product professionals.

VISIT GOLD IRA COMPANY

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad
crypto trading capital ad
gold trading capital ad
low spread trading capital ad

Website categories

Main Forex Info

  • Forex Calendar 2022
  • Forex Holidays Calendar 2022 – Holidays Around the World
  • Non-Farm Payroll Dates 2022.
  • Key Economic Indicators For a Country
  • The Best Forex Brokers of 2022 (Ranked & Reviewed)
  • Best Forex Brokers by Monthly Traffic of 2022
  • Free Forex Account Without Deposit in Summer of 2022.
  • What is PAMM in Forex? Are PAMM Accounts Safe?
  • Stock Exchange Trading Hours
  • Which Forex Broker Accept Paypal? – PayPal brokers

Main navigation:

  • Home
  • About us
  • Forex brokers reviews
  • Investment
  • Education
  • Privacy Policy
  • Risk Disclaimer
  • Contact us

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Sign Up. Get newsletter.

Spanish language

Spanish language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007

Privacy Policy