Trading Diary

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Bullish Centerline Crossover

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A Bullish Centerline Crossover occurs when MACD moves above the zero line and into positive territory. This is a clear indication that momentum has changed from negative to positive, or from bearish to bullish. After a Positive Divergence, the Bullish Centerline Crossover can act as a confirmation signal.

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Written by Emerald

July 15, 2008 at 4:01 am

Posted in Buy Signal, MACD

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