ADX gearing up for another run up
ADX has a lot of positive signals right now. It will probably struggle a bit in the coming 2-3 days though I do not expect it to drop 11300.
I'm expecting a quick run up towards about 18600 in the 3 days afterwards, reaching the top somewhere on sunday. The expected top matches both the long term resistance and the fibonaci level from the previous runup perfectly.
Find a good entry point in the coming days and set a stop loss. If it does not play out, I expect it to go back towards bottom support.
I'm expecting a quick run up towards about 18600 in the 3 days afterwards, reaching the top somewhere on sunday. The expected top matches both the long term resistance and the fibonaci level from the previous runup perfectly.
Find a good entry point in the coming days and set a stop loss. If it does not play out, I expect it to go back towards bottom support.
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