view based on rsi+adx

2021年3月2日

The relative strength index (RSI) is a momentum indicator used
to measures the magnitude of recent price changes
to evaluate overbought or oversold conditions

RSI now in above chart shows neutral momentum
between 45-55

ADX is majorly used by traders to see the strength of a trend
it does not tell if the trend is up or down but says
how strong is the current trend
hence, high readings indicate a strong trend and low readings indicate a weak trend.

ADX now in above chart shows its all lines are entangled
indicating less strenght and looking for next direction

using this two filters
it seems better to
wait and watch as of now

note :- its said :- in trading/investing its not about how much you make but rather how much you dont loose

disclaimer - trade @ own risk