It seems rsi is forming a descending symmetrical which is a down trend sign.
Distribution phase is gonna over because of macd sign, and price went in ichimoko cloud, ma's are on price(These are sign of range).
But no one knows future(Yet :D), so keep your eyes open on chart, another big trend is coming guys.
Above 9700 means up trend to 10500 me, and below 9600 means down trend to 8600.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe.
Distribution phase is gonna over because of macd sign, and price went in ichimoko cloud, ma's are on price(These are sign of range).
But no one knows future(Yet :D), so keep your eyes open on chart, another big trend is coming guys.
Above 9700 means up trend to 10500 me, and below 9600 means down trend to 8600.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe.
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