MACD: Learn to Recognize Trade Setups

See examples in Pfizer, Inc. (PFE) and Intel Corp. (INTC)

by Debbie Hodgkins
Updated: January 27, 2017

Just as there are patterns in price, there are also patterns in momentum indicators. These patterns can support your Elliott wave analysis and help you identify tradable moves in price.

In this 10-minute lesson from our popular trader-education service, Trader's Classroom, editor Jeffrey Kennedy shows you key patterns in moving average convergence divergence (MACD).

You'll see examples from the charts of Pfizer, Inc. (NYSE: PFE), Intel Corp. (Nasdaq: INTC), NVIDIA Corp. (Nasdaq: NVDA), and more.

Watch Introduction to the Wave Principle Applied

In this free 15-minute video, EWI Senior Analyst Jeffrey Kennedy explains how to take the Wave Principle and turn it into a trading methodology. You'll learn the best waves to trade, where to set your protective stop, how to determine target levels, and more.

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