Still no budge at the lower solid green line as price attempts to hold above short-term EMAs.
Recovery now relies on 20-to-50EMA crossover with enough momentum to break pattern/reach 200EMA.
Note that the majority of MACDs are nearing convergence which leans price towards more bearish action.
www.tradingview.com/chart/gDBkksfy/
Recovery now relies on 20-to-50EMA crossover with enough momentum to break pattern/reach 200EMA.
Note that the majority of MACDs are nearing convergence which leans price towards more bearish action.
www.tradingview.com/chart/gDBkksfy/