Identifying impulse using MACD

5 nov 2016

Hi fellows, MACD can be used for early indication in diverging market. MACD gives signal that price is going to change its direction very soon. If MACD shows sharp rise and fall and at the same time price forms impulse on the chart against the previous trending and diverging market then this indication can be used for change in trend direction.

5 nov 2016

Nota

Strong diverging market.

5 nov 2016

Nota

Sharp rise on MACD and Strong IMPULSE can be seen on MACD and on chart.

5 nov 2016

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This idea was based on this indication. i hope you will understand it better now.

5 nov 2016

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Here is the current price level. I hope this indication will help you in your analysis.