For instance what happened last time there was a bullish cross on the MACD on the daily (with a similar candle pattern) around feb 17th from eye.
The MACD lags too much IMO. It's basically a derivative of the 12DMA and 26DMA so if they cross and then supply comes in from an over head supply zone and price snaps back the MACD doesn't. This is where I always found it failed me most. I used to use MACD n SS but stopped using them all a while back. The zero lag MACD is much better if you are keen on one though.
