@DavidArcher on GBPUSD | PriceONN Community
Has anyone here used the ADX indicator? I keep seeing people mention it for trend strength, but I'm not really sure how to interpret it on GBPUSD. Like, if the ADX is high, does that mean it's going to keep dropping hard, or does it mean the trend is established and it might reverse soon? I'm trying to avoid just guessing, and I feel like I need a better tool to confirm if this bearish move has legs or if it's just a temporary dip before a bounce. It's confusing when the price is going down but the volume isn't crazy high.