$PAXG ｜Daily MACD｜Bearish crossover below the zero line
Before looking at capital flows, first understand MACD.
The same MACD settings can mean quite different things across timeframes: crossovers occur more often on the 4-hour chart and less often on the daily chart, but they carry more weight there.
MACD calculations vary slightly across charting tools. An intraday crossover may disappear by the close, so crossovers confirmed at the close are more reliable.
Learning to read indicators isn’t difficult. The hard part is still following the rules when the market is at its most extreme.
#PAXG
Before looking at capital flows, first understand MACD.
The same MACD settings can mean quite different things across timeframes: crossovers occur more often on the 4-hour chart and less often on the daily chart, but they carry more weight there.
MACD calculations vary slightly across charting tools. An intraday crossover may disappear by the close, so crossovers confirmed at the close are more reliable.
Learning to read indicators isn’t difficult. The hard part is still following the rules when the market is at its most extreme.
#PAXG