$BAT ｜4-hour MACD｜Golden cross above the zero line
Before looking at fund flows, first understand MACD.
The length of the bars represents the distance between DIF and DEA. If each bar is longer than the last, the momentum in the current direction is strengthening; if they get shorter, it is weakening.
The longer the bars in the opposite direction persist before a crossover, the more pronounced the preceding trend. This crossover is often considered a little cleaner than one occurring in a sideways market.
Before taking a leveraged position, first consider whether you can handle the worst-case scenario, then see what the indicators are saying.
#BAT
Before looking at fund flows, first understand MACD.
The length of the bars represents the distance between DIF and DEA. If each bar is longer than the last, the momentum in the current direction is strengthening; if they get shorter, it is weakening.
The longer the bars in the opposite direction persist before a crossover, the more pronounced the preceding trend. This crossover is often considered a little cleaner than one occurring in a sideways market.
Before taking a leveraged position, first consider whether you can handle the worst-case scenario, then see what the indicators are saying.
#BAT