MACD and Its Power in Forex Trading [With Pictures]
While being one of the most difficult market conditions to trade since it is nearly impossible to predict when a reversal of price may actually take place , trading Reversals is also one of the most attractive to retail traders. In this article, I am doing my best to cover all of these cases and help you use MACD in your trades in the best possible way. And downtrend is when price forms lower highs. What did I do wrong? With the previous position, MACD started going down while it was way above the zero level.
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