$OP The daily chart shows a MACD golden cross above the zero line.
When evaluating a MACD crossover, its position matters more than the crossover itself. A golden cross above the zero line usually occurs as a pullback in an uptrend ends, and is more indicative of trend continuation. It carries more weight than a golden cross below the zero line.
Indicators describe the past; prices move into the future. Don’t treat them as predictions.
#OP
When evaluating a MACD crossover, its position matters more than the crossover itself. A golden cross above the zero line usually occurs as a pullback in an uptrend ends, and is more indicative of trend continuation. It carries more weight than a golden cross below the zero line.
Indicators describe the past; prices move into the future. Don’t treat them as predictions.
#OP