$JCT ｜Daily MACD｜Golden cross above the zero line
What is MACD? The MACD histogram is the difference between DIF and DEA; some charting platforms multiply it by 2. The moment the bars switch from negative to positive is when DIF crosses above DEA.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has come to an end, while one below the zero line is more often viewed as a sign of a rebound.
Leave enough room in your contract position, and don't let a sudden sharp move knock you out of the trade.
What is MACD? The MACD histogram is the difference between DIF and DEA; some charting platforms multiply it by 2. The moment the bars switch from negative to positive is when DIF crosses above DEA.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has come to an end, while one below the zero line is more often viewed as a sign of a rebound.
Leave enough room in your contract position, and don't let a sudden sharp move knock you out of the trade.