If the MA cross and the ascending channel broke, we might have a big rally to the upside.
The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator.
We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure.
But for me, I already entered a long position
See also my relate ideas, I’ve been waiting for the crossover for a flew days now.
The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator.
We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure.
But for me, I already entered a long position
See also my relate ideas, I’ve been waiting for the crossover for a flew days now.
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