oversold levels: CCI, (RSI), Stochastic and Bollinger.
might go up or down. down if strong trend sidelines indicator oversold signals. strongest guess is: probably up from here.
On larger scale: continuation of consolidating corridor?
Anticipated projection of coming weeks.
Stochastics + RSI + CCI = Incoming oversold levels on current uptrend -> Soon down
MACD = Current trend losing momentum -> Down soon
Elliott Impulse phase completed -> Incoming correction (ABC) and possible Inverse Elliott wave downwards.
MACRO SCALE: Still within a descending channel that might break out up at any time.
Retracement or Reversal incoming.
Most likely Reversal:
Approaching strong Resistance zone (Tested 3 times before).
BB breakout ahead. (awaiting red candles for confirmation)
Stoch + RSI + CCI = Reached oversold levels
(MACD, ADX and MA's lagging)