After trading range during November and early 2024, an Upward Gap started a new upward trend.
This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar
The ADX is losing strength, and it looks like DM+ and DM- are changing positions.
As a confirmation we can see the OBV and the price, that the higher high of these factors are not in convergence.
This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar
The ADX is losing strength, and it looks like DM+ and DM- are changing positions.
As a confirmation we can see the OBV and the price, that the higher high of these factors are not in convergence.
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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.
Follow the social network, free telegram link: t.me/afcapital21
Instagram: afcapital
Instagram: afcapital
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.