RCR
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0.00% 4.1¢ rincon resources limited

if MACD cross above 0 line (confirmation) and price break above...

  1. Trade4Profit88
    10,022 Posts.
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    24/06/24
    20:33
    Post #: 74467676
    https://hotcopper.com.au/data/attachments/6268/6268435-f90878a775be6c2c764a37a39e8241f9.jpg
    https://hotcopper.com.au/data/attachments/6268/6268436-912acd21a7f8cd9204ee5106bfda157e.jpg
    https://hotcopper.com.au/data/attachments/6268/6268437-c32e8d6902c1d37fe717c408cff95849.jpg

    if MACD cross above 0 line (confirmation) and price break above the last trendline
    you can always adjust the trendline so that it hasn't break the trandline just like you did before MACD cross the 0 line.

    the trendline on your first chart looks more accurate to me, and it has already broke that trendline today but no MACD confirmation
    so false breakout? maybe.


    RCR Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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