MACD(5,13,1) gives the earliest signal compared with MA(5) and Gann(10). When the MACD values are relatively big/small and the time frame is higher than daily, it may be able to used as a signal.
NU:
Daily MACD has a buy signal. 0.6467 is 23.6% Fib of the last rise. However, weekly and monthly shows it may fall further.
Action:
Buy 0.6570, SL 0.6430. Maximum loss 140 pips.
this week: -3.892%
6 weeks ending 12 September: +6.92%
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment