Honestly, when I was first learning technical analysis, I’d buy as soon as I saw a MACD golden cross and get out as soon as I saw a death cross. In the end, I got chopped up over and over in a sideways market.
Now, when I look at this 4-hour golden cross on $INJ , the first thing I check is its position: above the zero line. Golden crosses above the zero line carry a bit more weight for me, though I still check whether volume confirms it.
What would you do?
Now, when I look at this 4-hour golden cross on $INJ , the first thing I check is its position: above the zero line. Golden crosses above the zero line carry a bit more weight for me, though I still check whether volume confirms it.
What would you do?