Here are examples of how I personally use the EFC Indicator signals.
When not to trade - Price & Macd flat, Macd close to 0 level, middle price range
When to trade - RSI divergence, Macd over-extended, price far from ma's
We all know what's going on with BCH and BTC.
I'm not entirely sure where we stand, so there's not much I can say, unrelated to my chart.
Here is what I notice:
Bollinger bands contract when preparing to break out, this is very common with Bollinger bands.
When price starts going up, buyer volume slowly increases in a near-linear manner.
When sellers come,...
