Simple stuff but notice how each low in RSI confirmed by subsequent MACD cross over, signals a rally.
Has happend 9 times in the last two years, including two slightly premature signals that still would have yielded a positive trade.
Now MACD appears to be ready to cross over following the recent RSI low. Notwithstanding ECB tomorrow will history repeat?
Has happend 9 times in the last two years, including two slightly premature signals that still would have yielded a positive trade.
Now MACD appears to be ready to cross over following the recent RSI low. Notwithstanding ECB tomorrow will history repeat?