Description
The Coinbase Divergence MT4 indicator is an oscillator that signals the most extreme phases of oversold and overbought. Using the classic 14-period Coinbase Divergence MT4 Indicator, the buy signal will trigger when the Coinbase Divergence MT4 Indicator line exceeds 70, while a buy signal will trigger when the indicator’s value is below 30.
This type of analysis is flanked by another with which divergences are sought between the Coinbase Divergence MT4 Indicator movement and the asset prices.
Identifying bearish or bullish divergences through the Coinbase Divergence MT4 Indicator could allow you to anticipate the price movement without waiting for the overbought and oversold phases.
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