Chart Notes｜$STRK ｜4-hour MACD｜Bearish crossover above the zero line
First, the definition: The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the faster moving average is above the slower one.
Next, how to read it: Many people like to look at multiple time frames together. When the daily trend remains unchanged, a counter-trend crossover on a shorter time frame is often just a pullback or a rebound.
Learning to read indicators is easy. The hard part is sticking to your plan even when emotions are running high.
#STRK
First, the definition: The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the faster moving average is above the slower one.
Next, how to read it: Many people like to look at multiple time frames together. When the daily trend remains unchanged, a counter-trend crossover on a shorter time frame is often just a pullback or a rebound.
Learning to read indicators is easy. The hard part is sticking to your plan even when emotions are running high.
#STRK