BinaryOptions.net Forums Beginners Questions

What is a MACD bearish crossover?

sevenstarfxsevenstarfx Posts: 24
edited December 2023 in Beginners Questions
A MACD (Moving Average Convergence Divergence) bearish crossover occurs when the MACD line (the shorter-term moving average) crosses below the signal line (the longer-term moving average). This event signals a potential shift in momentum towards a bearish or downward trend in the asset is price. Traders often use this crossover as a signal to consider selling or taking a bearish position in the market, as it suggests a weakening of the current upward trend.
image
Sign In or Register to comment.