The ADX trend has been eliminated, making a new strong bearish push unlikely. However, if a new low occurs the reaction to the 124% extension of the preceding range at 120-025 will be pivotal.
Technical analysis of financial markets
Technical analysis of financial markets
The ADX trend has been eliminated, making a new strong bearish push unlikely. However, if a new low occurs the reaction to the 124% extension of the preceding range at 120-025 will be pivotal.