⚡️ Golden Cross and Death Cross Intersection — Signals that Move the Market!
These signals preceded major upward rallies and collapses!
👉 If you ignore them, you may miss the entire market cycle 🚀
Welcome to Episode Seven of:
"Understand Indicators Like a Pro" 🔍
And today our topic is: Golden Cross & Death Cross
🟢 What is the Golden Cross?
A Golden Cross occurs when:
➡️ The 50-day moving average crosses above the 200-day moving average
💥 This indicates the beginning of a strong upward trend
It means that short-term strength has begun to dominate the overall trend — momentum is shifting upward 📈
🔴 What is the Death Cross?
The Death Cross is exactly the opposite:
➡️ The 50-day moving average falls below the 200-day moving average
⚠️ A signal of a possible beginning of a downward trend
And it often appears before major collapses or corrections — don't ignore it!
📌 How to trade these signals:
✅ Use it to confirm the long-term trend
✅ Combine it with volume to measure strength
✅ Watch for breakouts or breakdowns near the intersection area for excellent entry opportunities
⚠️ Don't enter the trade just because the crossover appears — wait for confirmation from RSI or MACD or price patterns
📌 Next Episode: Stochastic RSI Indicator — Your Secret Weapon for Accurately Identifying Overbought Areas 🎯
Follow me to learn how to time your entries like a pro!