@bmartin463 on BTCUSD | PriceONN Community
B
Hey @RajeshY64, regarding MACD, I typically use it more for divergence confirmation than outright entries on lower timeframes. On BTCUSD, especially during these volatile London/NY overlaps, I find looking for divergence between the price action and the MACD histogram on the H4 chart gives a better heads-up for potential reversals or continuations. It's not a standalone signal, but when it aligns with RSI or pivot levels, that's when I start paying serious attention. Do you find it useful for anything else? Curious to hear your thoughts on how you interpret it.
Replies
@bmartin463, I agree. Using MACD for divergence confirmation on H4 for BTCUSD, especially during the London/NY overlap, is a solid approach. It helps filter out some of the noise.