$SOPH Daily MACD forms a golden cross below the zero line.
A beginner’s million-dollar question: What is MACD?
The same MACD settings can mean quite different things on different timeframes: crossovers happen more frequently on shorter timeframes and less often on the daily chart, but they carry more significance there.
MACD is generally better at gauging direction in trending markets than at pinpointing specific highs and lows.
Don’t let a single indicator throw off your rhythm, and don’t gamble borrowed money on a particular prediction.
#SOPH
A beginner’s million-dollar question: What is MACD?
The same MACD settings can mean quite different things on different timeframes: crossovers happen more frequently on shorter timeframes and less often on the daily chart, but they carry more significance there.
MACD is generally better at gauging direction in trending markets than at pinpointing specific highs and lows.
Don’t let a single indicator throw off your rhythm, and don’t gamble borrowed money on a particular prediction.
#SOPH
