The MACD bar seem getting shorter and shorter. Sign of loosing power.
DIFF & DEA under zero axle.
Text box said DIFF & DEA doing 1st death cross (under axle) more closer the Zero Axle the more power of the drop.
"A Quick rise indeed, as said before quick rise could destory further drop.
I might need to expect price doing a reversal pattern. H/S? DB?
DIFF & DEA stiall a bit far away from the zero axle.
But price already get close to EMA60 must stay…"
"So far the 1hr chart showing Convergence.
Also text book said we might have a fast drop when the 1st death cross under Zero Axle.
Pretty much need to expect another leg lower to have divergence froming.
(Unless..... sudden rise and…"
"On the 4hr Chart.
Text book saying reversing we need Wave finished better had Divergence.
In the 4hr Chart MACD shown Price rising under Convergence circumstance.
(Hummm.... better becareful on this rise)
Now I will keep an eye on how its gonna…"
"A Little follow up DIFF & DEA position
(The red and yellow line in MACD)
Following is the EUR/USD daily. Which we had a very big gap opening.
On Firday I was wondering how far can the price goes up.
Because DIFF & DEA position were way too…"
Good to have someone read and comments. Thanks!
I am a very old member here. at least I think I am.
I was owe someone how to trade in side way market.
And heard that lot of people come to learn. So......
Trying to do some informative…"
"Above zero axle. 1st golden cross we will see a fast rise.
The 1st golden cross happen the more closer to zero axle the rising power is bigger.
In yesterday situation lot of MACD green bar but the price kept going up.
Today we got the result price…"
"All Indicators show how market move , because it's depend on an equation take her feed from the market , so it's display how the market move not what the market will do , if u wanna be a good trader or analyzer u…"