The emergence of a pattern of doji in the south on the weekly chart of the USD/RUB suggests cierte degree of tiredness in the market.
During the fall, this pattern of wing usually changes the short term trend of the market from bearish to neutral. In such a case, with the RSI below 40% it is this temporal framework, increases the possibility of reversing from overbought territory.
Built, ADX above 30 indicates at least that the trend is persistent. Investors with technical orientation can use this signal to liquidate positions of sales,Additionally, an ADX above 30 is indicative of a persistent trend at least. Technically oriented traders may use this signal to liquidate shorts, sell puts, and move down stops.