$TIA 4-hour MACD formed a death cross above the zero line, with opposing histogram bars persisting for 6 bars before the cross.
Folks, what is MACD? Here’s a quick explanation👇
The zero line is where DIF equals 0—that is, where the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the fast moving average is above the slow moving average.
In choppy markets, DIF and DEA tend to intertwine, with golden crosses and death crosses alternating frequently. These crosses have limited significance in such conditions.
Learning to read indicators isn’t hard. The hard part is sticking to your plan even when market conditions get extreme.
#TIA
These are just opinions for discussion; you’re responsible for your own profits and losses.
Folks, what is MACD? Here’s a quick explanation👇
The zero line is where DIF equals 0—that is, where the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the fast moving average is above the slow moving average.
In choppy markets, DIF and DEA tend to intertwine, with golden crosses and death crosses alternating frequently. These crosses have limited significance in such conditions.
Learning to read indicators isn’t hard. The hard part is sticking to your plan even when market conditions get extreme.
#TIA
These are just opinions for discussion; you’re responsible for your own profits and losses.