$Lobster The bearish momentum histogram on the 4-hour chart lasted for 7 candles, and I watched all 7. It finally formed a golden cross, and my dark circles got even darker.
But this is a golden cross below the zero line, so according to the textbook, it’s a rebound signal for now—like my report card going from “terrible” to “pretty bad”: the improvement is real, but so is the fact that I’m still a long way from “good.”
Where do you think it’ll go next? Leave a comment, and we’ll compare notes later.
#Lobster
NFA, DYOR.
But this is a golden cross below the zero line, so according to the textbook, it’s a rebound signal for now—like my report card going from “terrible” to “pretty bad”: the improvement is real, but so is the fact that I’m still a long way from “good.”
Where do you think it’ll go next? Leave a comment, and we’ll compare notes later.
#Lobster
NFA, DYOR.