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What is Death Crossover ?
A detailed thread on death crossover with practical example!
You will see many stocks triggering death crossover in the current market environment.
Retweet & Like to help beginners and others !!
What is Death Crossover ?
A detailed thread on death crossover with practical example!
You will see many stocks triggering death crossover in the current market environment.
Retweet & Like to help beginners and others !!
Death Crossover
β’ A technical chart pattern indicating potential decline in price.
β’ It occurs when short term moving average crosses below long term moving average.
β’ It is a bearish breakout pattern which suggests an pessimism.
Here is the graphical example! π
β’ A technical chart pattern indicating potential decline in price.
β’ It occurs when short term moving average crosses below long term moving average.
β’ It is a bearish breakout pattern which suggests an pessimism.
Here is the graphical example! π
β’ Once the breakout is done, moving averages acts as resistance.
β’ We commonly use 50 DMA & 200 DMA for Death Crossover trading strategy
β’ It works best with larger time frame/High accuracy in higher time frame
( 1D, 1W, 1M )
Here is the practical example! π
β’ We commonly use 50 DMA & 200 DMA for Death Crossover trading strategy
β’ It works best with larger time frame/High accuracy in higher time frame
( 1D, 1W, 1M )
Here is the practical example! π
You need to have the 50-period and 200-period. Except these two periods if you are using anything else than it is not a true death cross.
If you find it useful than spread the word ! π
@caniravkaria @Puretechnicals9
@rohanshah619 @AmitabhJha3
@Rishikesh_ADX @PatilBankNifty
If you find it useful than spread the word ! π
@caniravkaria @Puretechnicals9
@rohanshah619 @AmitabhJha3
@Rishikesh_ADX @PatilBankNifty
β’ β’ β’
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