Trying to understand MACD divergence. It simply means the higher high in the price trend chart does not correspond to the MACD chart where it shows lower high. One arrow shows up and one arrow shows down.
I am trying to search for an example in Bursa stock and manage to find one although not a perfect one. See chart below. It is also interesting to note that the MACD crossover and center line crossover give pretty good buy and sell signals in this case!
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