The (Ichimoku) has started to indicate a bearish signal (the bright-green MA has just started crossing below the bright-red MA, as you can see)... In addition, the cloud-resistances above is also quite thick... (This is quite a significantly bearish sign; because the price & the crossing is taking-place more "underneath" the cloud...) So now the price is perhaps trying to retest the cloud-supports/resistances & perhaps will most probably make a pullback downwards...
The MACD has already started forming some kind of a peak below (as you can see); it might get deeper down most probably... However, the RSI is still around it's neutrality level of 50 (neither close to overbought nor oversold condition yet)...
But a break out above the cloud will invalidate this idea.
Trade safe.
Best regards.
The MACD has already started forming some kind of a peak below (as you can see); it might get deeper down most probably... However, the RSI is still around it's neutrality level of 50 (neither close to overbought nor oversold condition yet)...
But a break out above the cloud will invalidate this idea.
Trade safe.
Best regards.
AO/MACD looks to be turning upwards...
RSI crossed-over neutrality level of 50...
Thick Ichimoku cloud-supports below...
Any bearishness looks rather limited/restricted...
Trade safe.
Best regards.