Newbie here!
I've manually marked the 50 line on my RSI (purple section). When the MA begins to get close to that line, and the MACD lines cross each other, this will gives e a clear indication of which direction the next candle will go in. It seems to be a strong indication that there will be a reversal in the market. Please let me know your thoughts on this.
I've manually marked the 50 line on my RSI (purple section). When the MA begins to get close to that line, and the MACD lines cross each other, this will gives e a clear indication of which direction the next candle will go in. It seems to be a strong indication that there will be a reversal in the market. Please let me know your thoughts on this.