Normally, MACD cross of lines can hint trend change but it often can be misleading.
I am checking if candles climb back into a channel nearby that was previously intact.
Below, we can see that bulls are now back in the bull channel and therefore I see it as the earliest bullish sign. BUT it is not enough!
An entry with only this would be an aggressive entry... I might do that from time to time, but a regular entry is safer.
Today, I want to stay on the safe side and wait until candles form something similar to the red curve... Patience is required!
I am checking if candles climb back into a channel nearby that was previously intact.
Below, we can see that bulls are now back in the bull channel and therefore I see it as the earliest bullish sign. BUT it is not enough!
An entry with only this would be an aggressive entry... I might do that from time to time, but a regular entry is safer.
Today, I want to stay on the safe side and wait until candles form something similar to the red curve... Patience is required!
Focus only on what truly matters!
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