Just sharing: I’ve been watching the $W 4-hour chart for a while. The bullish momentum bars lasted for 7 four-hour candles, and MACD finally just formed a death cross.
I usually don’t act right at the crossover. I wait another two or three candles: if the bars keep getting longer to the downside and the price breaks below a recent low, then I take it seriously.
Down 19.08% over the past 24 hours. How do you usually read MACD?
I usually don’t act right at the crossover. I wait another two or three candles: if the bars keep getting longer to the downside and the price breaks below a recent low, then I take it seriously.
Down 19.08% over the past 24 hours. How do you usually read MACD?