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The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend.
The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the trend on the MACD. I don't purely trade the MACD however these is a lot of upside to a strategy that is purely based off the MACD.
The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend.
The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the trend on the MACD. I don't purely trade the MACD however these is a lot of upside to a strategy that is purely based off the MACD.