A shift in the flow of chips:
$MET 4-hour MACD death cross above the zero line. Indicators are all calculated from prices; to see where the real money is moving, you have to look at trading volume.
If the death cross comes with a surge in volume, it suggests that funds are exiting en masse. A death cross on shrinking volume is usually a sign that buyers are sitting on the sidelines, so its impact is relatively limited.
How would you trade this?
#MET
Just my personal take; I may not be right, so please treat it with caution.
$MET 4-hour MACD death cross above the zero line. Indicators are all calculated from prices; to see where the real money is moving, you have to look at trading volume.
If the death cross comes with a surge in volume, it suggests that funds are exiting en masse. A death cross on shrinking volume is usually a sign that buyers are sitting on the sidelines, so its impact is relatively limited.
How would you trade this?
#MET
Just my personal take; I may not be right, so please treat it with caution.