Using the MACD for counter-trend signals is likely to lead to losses and more difficult trading experiences than you would like.
With the downward channel indicating a downtrend, and if you were to look for MACD crossover below the zero line, to signal a buying opportunity...
The first 7 buying signals show price climbing briefly/slowly to the upside but reverses strongly.
Only in the last example, as price bounces off the support of the channel and a brief shift in fundamentals led to the trade climbing to the TP level.
Remember: Countertrend trades have a 70% chance of failure. If you are relatively new to trading, look for trend-following trades first.
In fact, even if you are an experienced trader, trend-following trades should still be the primary/idea set up.
With the downward channel indicating a downtrend, and if you were to look for MACD crossover below the zero line, to signal a buying opportunity...
The first 7 buying signals show price climbing briefly/slowly to the upside but reverses strongly.
Only in the last example, as price bounces off the support of the channel and a brief shift in fundamentals led to the trade climbing to the TP level.
Remember: Countertrend trades have a 70% chance of failure. If you are relatively new to trading, look for trend-following trades first.
In fact, even if you are an experienced trader, trend-following trades should still be the primary/idea set up.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.