$BIRB 4 hours MACD forms a death cross above the zero line.
Everyone, what is MACD? Here's a quick explanation👇
The zero line is where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
Many people also watch for bearish and bullish divergences: when the price makes a new high but MACD doesn't, or the price makes a new low but MACD doesn't, this is often seen as a sign of weakening momentum.
Leave plenty of room in your futures positions. Don't let one sudden price swing force you out of a trade.
Everyone, what is MACD? Here's a quick explanation👇
The zero line is where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
Many people also watch for bearish and bullish divergences: when the price makes a new high but MACD doesn't, or the price makes a new low but MACD doesn't, this is often seen as a sign of weakening momentum.
Leave plenty of room in your futures positions. Don't let one sudden price swing force you out of a trade.