1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one.
2) I drew resistance line on DMI indicator and it has not been broken yet.
2) I drew resistance line on DMI indicator and it has not been broken yet.
Note
RSI has 2 moving averages and they did not cross each other. It is still valid for sell sign. Also resistance line was not broken. I applied Weighted Moving Average(12 period) because in a year has 12 months. It represents 10.97 price level but price is 4.50$. We will wait more. Prices must be above this moving average.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.