If the MA cross and the ascending channel broke, we might have a big rally to the upside.
The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator.
We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure.
But for me, I already entered a long position
See also my relate ideas, I’ve been waiting for the crossover for a flew days now.
The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator.
We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure.
But for me, I already entered a long position
See also my relate ideas, I’ve been waiting for the crossover for a flew days now.
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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.
Related publications
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.