@balayyababu, below 0 line bean still bearish be careful my friend.
balayyababu
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@RickyParker, If there was no news, it would have been bearish to 1.3 USD
Is it still bearish after the news?
RickyParker
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@balayyababu, i don't know about that. but what i know is that macd below 0 line still cannot say it start to be bullish.
Krowna
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@RickyParker, You are right, A potential buy signal is generated when the MACD (blue line) crosses above the MACD Signal Line in this case GREEN. so it's a potential growth, if it continues and goes futher above 0 line its great.
RickyParker
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@Krowna, what i am worrying about is that the wave is not completed.It should be 5 wave going down , it just show 4 now.