How to execute four short-term trading set-ups using the MACD indicator

Posted in Trading Knowledge
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The MACD is a momentum-based trend indicator used to identify trending phases, trend change, and momentum in the price actions of a financial instrument.

The three components of the MACD

EURUSD_daily MACD
Source: Tradingview. Past performance is not indicative of future results.

How can the MACD indicator be used in trading?

Short-term trend-following and countertrend trading set-ups

EURUSD_bullish trendfollowing_1
Source: Tradingview. Past performance is not indicative of future results.
EURUSD_bearish trendfollowing_2
Source: Tradingview. Past performance is not indicative of future results.
EURUSD_bullish countertrend rebound_2
Source: Tradingview. Past performance is not indicative of future results.
EURUSD_bearish countertrend decline_2
Source: Tradingview. Past performance is not indicative of future results.