$WLD 4-hour timeframe has just formed a MACD death cross (above the zero line). Before the crossover, bullish momentum bars persisted for 16 four-hour candles.
It’s easy to be misled by the crossover alone, so I’ll check three things in order:
① After the bars turn negative, do they continue to grow?
② Is volume confirming the move?
③ Has the price broken below the nearest support level?
The four-hour timeframe moves quickly, so it should be viewed alongside the daily trend. Do you think this is the beginning or the end?
This is not investment advice—don’t copy it blindly.
It’s easy to be misled by the crossover alone, so I’ll check three things in order:
① After the bars turn negative, do they continue to grow?
② Is volume confirming the move?
③ Has the price broken below the nearest support level?
The four-hour timeframe moves quickly, so it should be viewed alongside the daily trend. Do you think this is the beginning or the end?
This is not investment advice—don’t copy it blindly.