🐋 The MACD on the $BARD 4-hour chart formed a death cross above the zero line, with opposing histogram bars persisting for 11 bars before the crossover.
People post about golden and death crosses every day; what really matters is where the crossover occurs and the trend leading up to it.
A golden cross is when DIF crosses above DEA, while a death cross is when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive and from positive to negative.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than make a big bet.

Make your own decisions about when to enter and exit; don’t follow the crowd blindly.