1) Resistance line of RSI has been broken but we have to wait for at the end of this month's closing line. RSI's 2 moving averages will nearly cross each other. RSI is 32 level and it is oversold sign.
2) I drew support and resistance line on Momentum indicator and i applied SMA(8 period). They will cross each other soon but it is not exactly buy sign because it has to break its resistance line. It will increase power of buy sign.
3) I applied WMA(14 period) on CCI indicator and they have not crossed yet. We have no buy sign.
4) If you check out candles on prices. At the bottom of this down trend we saw doji star last month and it gave us undeciviness sign about market and maybe it can be reversal trend.
5) DMI indicator's ADX(Red line) and -DI(Orange line) will cross each other and it will be buy sign.
6) I drew resistance line on candlesticks and it has been touched 4 times. It will be broken soon.
2) I drew support and resistance line on Momentum indicator and i applied SMA(8 period). They will cross each other soon but it is not exactly buy sign because it has to break its resistance line. It will increase power of buy sign.
3) I applied WMA(14 period) on CCI indicator and they have not crossed yet. We have no buy sign.
4) If you check out candles on prices. At the bottom of this down trend we saw doji star last month and it gave us undeciviness sign about market and maybe it can be reversal trend.
5) DMI indicator's ADX(Red line) and -DI(Orange line) will cross each other and it will be buy sign.
6) I drew resistance line on candlesticks and it has been touched 4 times. It will be broken soon.