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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
ko-fi.com/eventhorizon011
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.