$LYN ｜4-hour MACD｜Bearish crossover above the zero line
How should you interpret MACD golden and death crosses? MACD was developed by Gerald Appel. Its commonly used settings are 12, 26, and 9, and the difference between the fast and slow EMAs is used to measure trend strength.
A crossover is only a signal in itself. Whether the price breaks through a key support level and whether volume confirms the move are often considered for further confirmation.
The same data can mean very different things in different market conditions, so don’t apply a single rule mechanically.
#LYN
For reference only; not investment advice.
How should you interpret MACD golden and death crosses? MACD was developed by Gerald Appel. Its commonly used settings are 12, 26, and 9, and the difference between the fast and slow EMAs is used to measure trend strength.
A crossover is only a signal in itself. Whether the price breaks through a key support level and whether volume confirms the move are often considered for further confirmation.
The same data can mean very different things in different market conditions, so don’t apply a single rule mechanically.
#LYN
For reference only; not investment advice.