PRICE ACTION:Price is approaching Horizontal Resistance Zone coupled with the long Resistance line of a Descending Trendline. Also, Price has broken up the Resistance of a Descending Channel.
PSARZ: Price approaching the Horizontal Resistance Zone
STOCH: Price at Overbought region. A High probability of price shorting from the Resistance Zone
SMA: Price is Bullish because SMA 20 is over SMA 50. Price retesting the Resistance of Descending is plausible which is also the SMA 50 price point.
FORCE INDEX: Momentum Decreasing as Price moves up
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PSARZ: Price approaching the Horizontal Resistance Zone
STOCH: Price at Overbought region. A High probability of price shorting from the Resistance Zone
SMA: Price is Bullish because SMA 20 is over SMA 50. Price retesting the Resistance of Descending is plausible which is also the SMA 50 price point.
FORCE INDEX: Momentum Decreasing as Price moves up
If you find my chart Helpful, Encourage me by Likes and Comments. Thank you