$AGT 4-hour MACD forms a golden cross above the zero line.
Brothers, how do you read MACD golden and death crosses? Here’s the short version.
The zero line is where DIF equals 0—that is, where the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the faster moving average is above the longer-term one.
In a sideways market, DIF and DEA tend to intertwine, with golden and death crosses appearing repeatedly. In these conditions, the crosses have limited significance.
Learning to read indicators isn’t hard. The hard part is sticking to your plan even when emotions are running high.
Brothers, how do you read MACD golden and death crosses? Here’s the short version.
The zero line is where DIF equals 0—that is, where the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the faster moving average is above the longer-term one.
In a sideways market, DIF and DEA tend to intertwine, with golden and death crosses appearing repeatedly. In these conditions, the crosses have limited significance.
Learning to read indicators isn’t hard. The hard part is sticking to your plan even when emotions are running high.