The Handbook of Technical Analysis + Test Bank_ The Practitioner\'s Comprehensive Guide to Technical Analysis ( PDFDrive )

Market Phase Analysis

figure 4.22 Distribution Indicating Bearish Divergence on the Hourly EURUSD Chart.

Source: MetaTrader 4

figure 4.23 Accumulation Indicating Bullish Divergence on the Daily 3M Co. Chart.

Courtesy of Stockcharts.com