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
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
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.