I am a beginner and can make no financial advice. I have a pink line is what I think we will get after my first lines turned out to be true.
Note
ok, purple..Note
Though - the grey bow In the chart for me is the inverted impact of the MACD. If MACD bounces again that would again press the priceline to the red arrow and you can then just take as a linear down"trend".Note
^^when yellow and purple hit.Disclaimer
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Disclaimer
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.