$STRK 4-hour MACD forms a bearish crossover above the zero line.
Let’s use this number to talk about MACD.
The same MACD settings can mean quite different things on different timeframes: crossovers happen more often on the 4-hour chart and less often on the daily chart, but they carry more weight there.
Many people watch for bearish and bullish divergences: when the price makes a new high but MACD does not, or the price makes a new low but MACD does not, this is often seen as a sign that momentum is fading.
Indicators can fail, so risk management is essential: deciding in advance what to do when you’re wrong is more important than guessing correctly.
#STRK
Let’s use this number to talk about MACD.
The same MACD settings can mean quite different things on different timeframes: crossovers happen more often on the 4-hour chart and less often on the daily chart, but they carry more weight there.
Many people watch for bearish and bullish divergences: when the price makes a new high but MACD does not, or the price makes a new low but MACD does not, this is often seen as a sign that momentum is fading.
Indicators can fail, so risk management is essential: deciding in advance what to do when you’re wrong is more important than guessing correctly.
#STRK