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.