Based on the PA and BB , It's indicating that the pullback has finished and a reversal is likely coming soon. We need to wait for the next 4-hour candle to confirm an upward move
Furthermore, the ADX is showing an upwards movement with good momentum.
Note : DI+ is lagging indicator, usually people will wait till DI+ crossed DI- . but not me tho hehe
Furthermore, the ADX is showing an upwards movement with good momentum.
Note : DI+ is lagging indicator, usually people will wait till DI+ crossed DI- . but not me tho hehe
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.