$JCT 4The hourly chart has just formed a MACD bearish crossover (above the zero line), and before the crossover, the bullish momentum histogram persisted for 9 four-hour candles.
Looking only at the crossover can easily lead to misjudgment, so I will verify three points one by one:
① After the histogram turns negative, does each bar get longer than the previous one?
② Has volume kept up?
③ Has price fallen below the previous low?
The four-hour timeframe moves quickly, so it is best to combine it with the daily trend. Will the market reverse later?
Looking only at the crossover can easily lead to misjudgment, so I will verify three points one by one:
① After the histogram turns negative, does each bar get longer than the previous one?
② Has volume kept up?
③ Has price fallen below the previous low?
The four-hour timeframe moves quickly, so it is best to combine it with the daily trend. Will the market reverse later?