Initial big Selldown in the morning but followed by bigger buy up pressure before closing.
Indicators
1 ) Trendline - Above the bullish trendline (Bullish)
2) Support/Resistance - formed Higher Low ( Bullish)
3) MACD - Bearish and let waits for 4R1G to bullish reversal
4) RSI - At Overbought and went up from 70% ( Slightly Bullish)
1 ) Trendline - Above the bullish trendline (Bullish)
2) Support/Resistance - formed Higher Low ( Bullish)
3) MACD - Bearish and let waits for 4R1G to bullish reversal
4) RSI - At Overbought and went up from 70% ( Slightly Bullish)
5) STO - At Overbought mode. Bullish Crossover ( Bullish)
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Formed Hanging Man and waiting for the candlestick for confirmation
Conclusion:
Bullish
If break above 0.7 and 0.73
Next Resistance at 0.73/0.745 / 0.76 /0.8
Support at 0.645 / 0.62
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Formed Hanging Man and waiting for the candlestick for confirmation
Conclusion:
Bullish
If break above 0.7 and 0.73
Next Resistance at 0.73/0.745 / 0.76 /0.8
Support at 0.645 / 0.62
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