Reversal? Low Volume & Downtrend BUT ADX rising(-DI above +DI)..
I would feel more confident if the ADX (black line) is above 20 but in a falling state. In this case it looks as if it increasing...
My interpretation of Volume and Price:
Volume Share Price Interpretation
Decline Uptrend Bearish
Decline Downtrend Bullish
Increase Uptrend Bullish
Increase Downtred Bearish
What are your thoughts on
GLBS? How do you translate volume and price increase/decrease?
If you have recommendations or tips - please, let me know below at the comment section.
/Pat
My interpretation of Volume and Price:
Volume Share Price Interpretation
Decline Uptrend Bearish
Decline Downtrend Bullish
Increase Uptrend Bullish
Increase Downtred Bearish
What are your thoughts on
GLBS? How do you translate volume and price increase/decrease? If you have recommendations or tips - please, let me know below at the comment section.
/Pat
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