MACD crossing sections are showing a speed up in declining trend lines.
This is my first published Idea and I am new to Trading View / Investing. I apologize in advance for not using the correct terminology.
This is my first published Idea and I am new to Trading View / Investing. I apologize in advance for not using the correct terminology.
Comment:
The vertical lines marked where the EMA 12 and 26 cross and mark a significant decline. Additionally the vertical lines are shorter in distance in each cycle.
Comment:
Seems the angle was too steep on the current trend line, looks like the brakes have been hit, waiting for the next MACD crossing to see where this goes.