What is Convergence?

When the price of an asset and a technical indicator move in the same direction, confirming the current trend.

In-Depth Explanation

Convergence suggests that the momentum behind a move is strong and the trend is likely to continue. It is the opposite of divergence.

"The price makes a higher high and the RSI also makes a higher high, showing bullish convergence."

Knowing the terms is just the start. Learning how to apply them is where the edge is found.