Here's an example from a trade today 5GG...the retrace started on the 2 min chart. I watched it go down to the 65 ema and 62% Fib (roughly) at that point set up a trend line and wait to see if MACD crossed the axis line...nup didn't cross and price went on to make a lower low, so I set a new trendline (note the lower angle this time because of the new information) and waited again . this one triggered a MACD confirmed trade.![]()
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Here's an example from a trade today 5GG...the retrace started...
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