BTCUSD 8H - DPO BREAKOUT CONFIRMING - MACD NEAR CONFIRMATION
I entered long this morning at 8240$
The resistance trend line has finally been breached on the "detrended price oscillator" (DPO)on the 8H chart.
I've also included a slow setting MACD indicator to show how it is confirming what the DPO is 'indicating'
For ultra conservative entry wait for the MACD to breakout of resistance line (red) Use tradingview alerts.
The resistance trend line has finally been breached on the "detrended price oscillator" (DPO)on the 8H chart.
I've also included a slow setting MACD indicator to show how it is confirming what the DPO is 'indicating'
For ultra conservative entry wait for the MACD to breakout of resistance line (red) Use tradingview alerts.
Trade active
The resistance put up a good fight!!
Now the slow MACD indicator is showing a breakout!!!