Triantus Shango
Sergeant Major
- Messages
- 1,371
so let's see if i understand this.... because on H1 price is above the red line and on H4, MACD blue line was about to cross the red signal line, incl. that price was at 161.8% SPPT, that was enough to conclude market turned bullish on H4?
but MACD on H4, the blue line has not crossed the red line on your chart. shouldn't it cross first, before we can conclude market has become bullish?
and when you refer to 'market mechanics', do you mean the recent price behavior dropping so much, and seeming to find some SPPT at a significant level plus the above mentioned signs, all that is enough to conclude market is turning bullish?
but MACD on H4, the blue line has not crossed the red line on your chart. shouldn't it cross first, before we can conclude market has become bullish?
and when you refer to 'market mechanics', do you mean the recent price behavior dropping so much, and seeming to find some SPPT at a significant level plus the above mentioned signs, all that is enough to conclude market is turning bullish?