Buyers are in charge of the market on the daily timeframe, however the MACD has printed a lower high when price has printed a higher high.
This is a potential sign of the buyers losing their strength and we may see some selling come in.
If you agree with the analysis, look for opportunities to trade that meet your own strategy rules and always use good risk management.
This is a potential sign of the buyers losing their strength and we may see some selling come in.
If you agree with the analysis, look for opportunities to trade that meet your own strategy rules and always use good risk management.
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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.
Low-Cost Trading, for everyone, everywhere.
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.