has been decreasing from its high a couple of weeks ago. Now, we see a hammer candlestick
forming, this means the prior trend could be reversing- it also a bullish
signal. This is supported by the RSI
being overbought. However, the ADX
is expanding, the Coppock
curve has broken prior support and is falling. This means there could be a short-term fall before a rise. The price may fall to prior support before rising again.