Considering the lack of a bullish divergence in the current MACD scenario, yet it being so similar to the previous movement, will we see continuation of the dominant uptrend? (in grey).
We will have to see if a continuation pattern on the MACD follows the current formation, as it did in the prior yellow rectangle containing the bullish divergence
We will have to see if a continuation pattern on the MACD follows the current formation, as it did in the prior yellow rectangle containing the bullish divergence
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.