Since November I noticed a patter with AU, EU,NU, and GU that was similar to their 2018 trends that established our current previous high.
These pairs at this level are making initial MACD/SIGNAL crosses on the 4hr and day charts. This sentiments towards a huge increase in volume, which if occurs at their current levels will push to retest their previous highs.
In the chart presented the MACD/SIGNAL have made a cross just above the signal line. While the 4 hr chart MACD/SIGNAL cross is in play.
Let’s see if this checks out for a run to the top.
Please comment with thoughts and ideas. Thank you.
These pairs at this level are making initial MACD/SIGNAL crosses on the 4hr and day charts. This sentiments towards a huge increase in volume, which if occurs at their current levels will push to retest their previous highs.
In the chart presented the MACD/SIGNAL have made a cross just above the signal line. While the 4 hr chart MACD/SIGNAL cross is in play.
Let’s see if this checks out for a run to the top.
Please comment with thoughts and ideas. Thank you.
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