dear scott,
i believe that trend continuation signal was given earlier on the 1hour graph right after price bounced back from 21EMA and 89SMA on the 4hour. the latest MACD signal you are reffering to seems a bit shaky to me just because of its shape. i think you better find another reason to enter long or otherwise skip the trade. it could go either way..
i believe that trend continuation signal was given earlier on the 1hour graph right after price bounced back from 21EMA and 89SMA on the 4hour. the latest MACD signal you are reffering to seems a bit shaky to me just because of its shape. i think you better find another reason to enter long or otherwise skip the trade. it could go either way..
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