Is ADX indicator bullish or bearish?

Identifying Bullish Trends: When the +DI (Positive Directional Indicator) crosses above the -DI (Negative Directional Indicator), it signals a potential change in the trend towards a bullish direction. This occurrence indicates that the buying pressure is outpacing the selling pressure, suggesting a potential upside movement in the market.

Bearish Trends Indication: Conversely, if the -DI crosses above the +DI, it indicates a potential shift towards a bearish trend. This crossover signifies that selling pressure is dominating the buying pressure, which could lead to a downward movement in the market.

Strength of the Trend: The significance of the crossover is further emphasized when the ADX line itself is trending upwards. A rising ADX line indicates that the trend is strengthening, making the crossover signal even more reliable. A strong trend, whether bullish or bearish, provides traders with clear directionality and can enhance the profitability of their trades.

Understanding the ADX Indicator: The Average Directional Movement Index (ADX) is a technical analysis tool that measures the strength of a trend, regardless of its direction. It helps traders identify whether a market is trending strongly or is in a range-bound period.

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