$CYBER 4-hour MACD formed a death cross above the zero line.
Let’s use this data to talk about MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it turns faster.
In choppy markets, DIF and DEA tend to intertwine, with golden and death crosses alternating repeatedly. These crossovers have limited significance in such conditions.
Leave yourself plenty of room with your contract positions; don’t let a single wick spike knock you out of a trade.
#CYBER
Let’s use this data to talk about MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it turns faster.
In choppy markets, DIF and DEA tend to intertwine, with golden and death crosses alternating repeatedly. These crossovers have limited significance in such conditions.
Leave yourself plenty of room with your contract positions; don’t let a single wick spike knock you out of a trade.
#CYBER