If you don't know or have forgotten how it works, then let me briefly describe it to you!😉
🔴A sell signal is generated when the MACD line crosses below the signal line.
🟢A buy signal is triggered when the MACD line (blue line in the chart) crosses above the signal line (red line).
I have marked with red 🔴 circles cases where the blue line was below the signal line, which served as a signal to sell. And with green 🟢 circles - the blue line crosses the red line - this is a signal to buy!
The green and red arrows reflect signals to buy or sell, which were reflected by the indicator.
Currently, the indicator is at a crossover, if this happens, it will be a signal to sell! I suggest keeping an eye on this indicator in the coming days!🧐
⁉️What do you think? Will the lines cross? Or will they manage to align?
If this post was clear and interesting, hit 🚀 , share with friends, I'll be very pleased!
Stay tuned! Always happy to see You! Sincerely yours, Kateryna💙💛
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