To be honest, I've been watching the $STRK 4-hour chart for quite a while. The bullish momentum bars lasted for 24 four-hour candles, and now MACD has finally formed a death cross.
I usually don't enter right at the crossover. Instead, I wait another two or three candles: if the bars keep expanding downward and the price breaks below a recent low, then I'll consider it confirmed.
Down 1.05% over the past 24 hours. How do you usually use MACD?
Just my personal opinion, not investment advice.
I usually don't enter right at the crossover. Instead, I wait another two or three candles: if the bars keep expanding downward and the price breaks below a recent low, then I'll consider it confirmed.
Down 1.05% over the past 24 hours. How do you usually use MACD?
Just my personal opinion, not investment advice.