The Golden Crossover is a bullish signal that occurs when a short-term moving average (50-DEMA) crosses above a long-term moving average (200-DEMA) . This crossover suggests that the price momentum is shifting to the upside, indicating a potential buying opportunity.

How It Forms:
* 50-DEMA Line : The short-term moving average that reacts quickly to price changes.
* 200-DEMA Line : The long-term moving average that moves slower, representing the broader market trend.

When the 50-DEMA crosses above the 200-DEMA , it signals that the short-term price movement is gaining strength and could lead to a sustained upward trend.

How Traders Use It:
* Entry Point : Buy when the 50-DEMA crosses above the 200-DEMA.
* Stop-Loss : Place it below the 200-DEMA line to protect against false signals.
* Target Price : Set your target based on the previous resistance levels or use other technical indicators.

The Golden Crossover strategy is most effective in uptrending markets , as it indicates the start of a potential long-term bullish trend.