I have not used the MACD indicator for quite sometime, but this afternoon's discussion with a fellow trader made me look at MACD again today.
The USDollar Index is approaching the resistance trend line and at the same time, the MACD is showing us a bearish divergence. Price made a higher high, but the MACD made a lower high. As what all indicators do, they give us a probable indication of what is to come (remember nothing is certain).
Hence I am looking for trades with USD weakness
The USDollar Index is approaching the resistance trend line and at the same time, the MACD is showing us a bearish divergence. Price made a higher high, but the MACD made a lower high. As what all indicators do, they give us a probable indication of what is to come (remember nothing is certain).
Hence I am looking for trades with USD weakness
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.