Below 18800 supports a bearish trend direction.
Remains close to the upper range of the linear regression channel pattern.
Further supported by the price action close to the upper range of the Bollinger Bands.
In overbought territory - confirming an overextended price action to the upside.
Downside price momentum supports the bearish trend.
Upside price momentum also peaked - supporting the bearish trend.
Remains close to the upper range of the linear regression channel pattern.
Further supported by the price action close to the upper range of the Bollinger Bands.
In overbought territory - confirming an overextended price action to the upside.
Downside price momentum supports the bearish trend.
Upside price momentum also peaked - supporting the bearish trend.