ADX above 30, price has retraced to the EMA 20, potential for spring back up!!!!!
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price has penetrated ema20 2 days ago but has not sprung back. now is doing it again today. possible long buy?
adx below 30 uf price retrces to ema 20 i will consideer shorting and holding max 2 days
Looking for either a BB bounce, or for the MA Exp Ribbon to flip and for ADX to go up a bit, in which case it will be a buy. If it bounces off, then it will most likely rally for a little while (a day?) and might go up... or down... ya' never know But seriously talking, if those BB's expand or ADX goes up, there's a big chance that will be an uptrend.
Rejected at 8 EMA and ADX trending upwards showing strengthening downtrend.
GS showings a very strong trend with the ADX near almost 70
If you are using my instruments this would be a good point to take a sell.
During the past several weeks, I've noticed something evolve in crude oil on the daily ADX called a 'change in dominance'. This is where the ADX is above 20 and the +/-DMI swap dominance resulting is a 'V' type ending to a trend. The setup for the pattern was an ADX reading below 20 resulting in a consolidation in price. Then, price broke out and ADX began to...
this is what I see on TVC:USOIL chart : - trend line forming in the middle of parallel channel price crossing it could create hesitation. - RSI had similiar pattern but already brake out - ADX makes a lower high. This could indicate a sideway movement. should wait for new trend to take place
USDCAD is currently in an uptrend. The ADX shows a decrease in the strength of the trend. This shows there is soon to be a a downtrend
I can see Momentum cross down the OBV and D- cross above the D+. Dont you think we are looking into continues bearish move of EURUSD?
Very good short play on Tronox Ltd. This stock has broken its upwards trend posting a lower high after 4 higher highs in a row and it is at the top of the linear regression channel. TROX has bounced off of a resistance line and is experiencing decrease in volume. The MACD is also about to crossover to a sell signal and the Directional Movement Index is showing a...
Bullish triangle on the JCP chart, watch for a breakout if the price clearly passes and closes above resistance. Chart also has clear indicators of a stong trend with the DMI showing an uptrend and the Aroon showing new uptrend. Would like to see an increase on the OBV along with the others for clarification of a strong trend though.
Civeo has broken support, MACD shows a sell signal, DMI shows downtrend. Short until DMI shows slowdown of trend.
Long until DMI shows slowdown of trend, reasons for uptrend shown on chart.
Resistance at $10.38 broken and turned into support, long until DMI shows end of trend.
Resistance has been broken and a strong uptrend is occuring. Watching the DMI to see when the trend slows down, long until then.