Formed 2 hanging man on the 1647 support line. It is a crucial whether if it hook up it will be another round of bull but if break below it will confirm in bearish mode because it will closed as lower high.
Indicators
1 ) Trendline - Uptrend
2) Support/Resistance - Formed lower low ( Bearish )
3) MACD -Formed 5G1R ( Bearish )
4) RSI - Broke above 70% (Bullish) ,
5) STO - Bearish crossover ( Bearish )
6) Ichimoku - a) Price coming entering from the resistance cloud and testing the upper resistance( Bullish ).
b) Conversion line above the base line ( Bullish ).
c) Price close above the baseline ( Bullish ) .
Conclusion:
Bullish
Need to maintain above 1647 to remain bullish
Resistance- 1655/ 1668 /1681 /1725
Support - 1649 / 1621 /1600 / 1594 / 1581