Technical_Analysis_page_472

Technical | Analysis page 472 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 18 Confirmation 443 The use of the ADX is based on its level and its trend. The level determines the amount by which prices are trending, and the direction shows the change in that trending. Low readings (<20) suggest a trading range and low volatility in which oscillators and patterns…