Divergence - Future entry prediction for NEO
The 1H chart showed a divergence with MACD which pushed the price up a few pips till the MACD was recalibrated to follow the price. If we see the same happen on the 4H+ charts in the upcoming days it is a sure buy opportunity. Wait for the MACD to move upward before a buy so the price will follow it when it recallibrates.
Kommentar:
4H charts showed a Divergence and MACD crossed- NEO is a buy!!!
Kommentar:
The move lacked strength to break the descending trendline. If you bought in you could hold for a while or sell and get back in when the trendline is broken. Wait for the 4H MACD to move more upward and gain enough strength to break upwards.