116 3 5
Notes on chart. At least two bullish patterns at play. Double Bottom and Flag.
Your thoughts and expectations on the stochastic levels and impact on overall trend?
KLang WojciechPolowy
Indicators don't impact price, they reflect it and are lagging. I don't pay all that much attention to MACD, honestly. It's interesting to see how it moves, but I don't find it predictive.
+1 Reply
...although at extreme levels, it can be. But even then, not always. I prefer patterns. But there's plenty of people here who seem to prefer indicators over price :)
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