1- No Harmonic pattern.
2- MACD Formed a nice Bearish Divergence. it needs to come back to do the correction.
3- MACD Crossing & Direction: Bullish Above Zero
4- Stochastic shows Overbought and it's about to come back down to do the correction.
5- EMA 20_50_200 are nicely Bullish.
6- Weekly Analysis:
It broke from the Pennant and it hit 52 Week high / Resistant (yellow dot line) and should Coming back down before it goes up again.
On monthly, it seems Bullish move to go up and hit 1.73000 at least..
05/02/2023
2- MACD Formed a nice Bearish Divergence. it needs to come back to do the correction.
3- MACD Crossing & Direction: Bullish Above Zero
4- Stochastic shows Overbought and it's about to come back down to do the correction.
5- EMA 20_50_200 are nicely Bullish.
6- Weekly Analysis:
It broke from the Pennant and it hit 52 Week high / Resistant (yellow dot line) and should Coming back down before it goes up again.
On monthly, it seems Bullish move to go up and hit 1.73000 at least..
05/02/2023