ADX have been showing weaker uptrend as blue line is now below green line. Thus Green line may go towards a u turn soon. if this situation continues.
MACD is also showing u turn already.
GMMA have been consolidating.
Overall, the price have been in consolidation.
Wait for Stochastics to turn upwards for the uptrend to continue.
If not, treat this as a sideway market.
ADX had been weak.
GMMA is going towards sideway.
Treat this as a sideway market.
Support at 23.6% and resistance at 20MA. Alternatively Bollinger Band can be used.
Wait for RSI / Stochastics to reverse to enter.
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