See the ADX value in black: Are we still in the bear market?
An ADX value below 20 indicates that the trend is weak.
A value between 20 and 30 indicates a neutral force.
Note that this does not mean that the trend itself is neutral.
The indicator says something about the power of a trend.
Finally, above a value above 30, there is a strong trend.
*Stop-Loss: $5330 significant support level
*Take-Profit: $8500 significant resistance level
An ADX value below 20 indicates that the trend is weak.
A value between 20 and 30 indicates a neutral force.
Note that this does not mean that the trend itself is neutral.
The indicator says something about the power of a trend.
Finally, above a value above 30, there is a strong trend.
*Stop-Loss: $5330 significant support level
*Take-Profit: $8500 significant resistance level