$JCT The daily MACD formed a death cross above the zero line, with 12 consecutive histogram bars moving in the opposite direction before the crossover.
Using this data as a starting point, let's talk about MACD.
A golden cross occurs when the DIF crosses above the DEA, while a death cross occurs when the DIF crosses below the DEA; the corresponding histogram bars change from negative to positive and from positive to negative, respectively.
The bars usually start to shrink before the crossover. Some people use this contraction as an early sign of weakening momentum, but this signal is also more prone to failure.
Don't disrupt your original rhythm based on a single number, and don't use borrowed money to test a hunch.
#JCT
Using this data as a starting point, let's talk about MACD.
A golden cross occurs when the DIF crosses above the DEA, while a death cross occurs when the DIF crosses below the DEA; the corresponding histogram bars change from negative to positive and from positive to negative, respectively.
The bars usually start to shrink before the crossover. Some people use this contraction as an early sign of weakening momentum, but this signal is also more prone to failure.
Don't disrupt your original rhythm based on a single number, and don't use borrowed money to test a hunch.
#JCT