So oil is going to continue south, im waiting for a pull back to short.. Here is an example of the macd setup i sometimes use.
I will for a pull back, the histogram and ma lines will reach a point above the previous 2 macd highs, breaking the trend and creating divergence.. i will short crossing the zero line and see where it takes us.
I will for a pull back, the histogram and ma lines will reach a point above the previous 2 macd highs, breaking the trend and creating divergence.. i will short crossing the zero line and see where it takes us.