Bullish and Bearish Divergence, Bullish and Bearish Convergence

Oscillator indicators (RSI, Stochastic, etc) often show us bullish and bearish divergences.

Bearish Divergence: Price making higher highs (up trend), indis making lower highs (down trend) = indis win and price goes down.

Bullish Divergence: Price making lower lows (up trend), indis making higher lows (down trend) = indies win and price goes up.

My question is what happens at Bearish and Bullish Convergences? This topic is rarely discussed. Do we simply ignore them when they happen?

Bearish Convergence: Price making higher lows (up trend), indis making lower lows (down trend) = who wins?

Bullish Convergence: Price making lower highs (down trend), indis making higher highs (up trend) = who wins?

This is the best guide so far but I'm still unsure:

http://www.alpari.co.uk/en/market-th...h-bearish.html

I would appreciate any enlightenment. Thank you

Here you go.

If you'd like to dig deeper William Blau - Momentum, Direction and Divergence is quite good.

Thank you kindly Fudomyo.

Now I know Convergence is commonly called Reverse Divergence or Hidden Divergence.

Cheers!

love the pdf files

Sorry, could you please share Blau's book..? About direction, divergence..? Thanks