Desmond's Reversal Signal Activated with ADL Support
Hey folks,
Quick heads up! I've noticed a 'Desmond's Reversal' signal getting triggered on our chart. This typically hints at a potential turnaround in the price trend.
What's more encouraging? ADL finally pushing back above its 21-Day Moving Average (21-DMA). This signals that buying pressure might be outweighing selling pressure, further supporting the reversal. And let's not forget a push above the 50-DMA.
Keep an eye out and trade safely!
Check out my public posts!
Hey folks,
Quick heads up! I've noticed a 'Desmond's Reversal' signal getting triggered on our chart. This typically hints at a potential turnaround in the price trend.
What's more encouraging? ADL finally pushing back above its 21-Day Moving Average (21-DMA). This signals that buying pressure might be outweighing selling pressure, further supporting the reversal. And let's not forget a push above the 50-DMA.
Keep an eye out and trade safely!
Check out my public posts!
ko-fi.com/eventhorizon011
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
ko-fi.com/eventhorizon011
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.