Breakouts happen when daily and weekly price cycles align with each other,..weekly averages (macd) moves much slower than a daily one, so it takes more time and progress on the daily to slowly turn the weekly up. you can see here the apparent breakout in Dec was too early in this sense and was never going to last long because it wasn't confirmed with the weekly it was just a short term breakout..
Breakouts happen when daily and weekly price cycles align with...
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