Since we have HH on the price and HL in MACD and RSI so far, if the MACD WAVE continue in HL mode it is confirmed ABC,
So far we have the following negative info:
- RSI HL daily TF.
- MACD HL daily TF.
but all above not valid since we are in bullish market range of RSI from 80 to 40 and the momentum still positive , if the RSI cross 40 level, we move to arrange of 60 - 20 it is bearish.
So far no panic or action until the WAVE is confirmed.
if MACD created HH all above no valid.
So far we have the following negative info:
- RSI HL daily TF.
- MACD HL daily TF.
but all above not valid since we are in bullish market range of RSI from 80 to 40 and the momentum still positive , if the RSI cross 40 level, we move to arrange of 60 - 20 it is bearish.
So far no panic or action until the WAVE is confirmed.
if MACD created HH all above no valid.