To be honest, when I first started learning technical analysis, I’d jump in as soon as I saw a MACD golden cross and get out as soon as I saw a death cross. I kept getting whipsawed in sideways markets.
Now, when I look at this golden cross on the 4-hour chart $UNI , the first thing I check is its position: below the zero line. I treat a golden cross below the zero line as a rebound, not a reversal.
Feel free to share what you’re seeing.
#UNI
Now, when I look at this golden cross on the 4-hour chart $UNI , the first thing I check is its position: below the zero line. I treat a golden cross below the zero line as a rebound, not a reversal.
Feel free to share what you’re seeing.
#UNI