Both RSI & Stochastic are showing hidden bearish divergence in monthly timeframe.
Stochastic maxed out in monthly and weekly is approaching max level.
RSI is strong in both monthly and weekly.
Important level to watch out for is 102.250
This level is likely to be the top as per the symmetrical wedge pattern.
Another important level which is more likely to hit is 105.410
You can see the dashed orange line proved to be an important key level in the past.
It is at the top of the parallel channel and also near 70% retracement level to add more confluence.
Stochastic maxed out in monthly and weekly is approaching max level.
RSI is strong in both monthly and weekly.
Important level to watch out for is 102.250
This level is likely to be the top as per the symmetrical wedge pattern.
Another important level which is more likely to hit is 105.410
You can see the dashed orange line proved to be an important key level in the past.
It is at the top of the parallel channel and also near 70% retracement level to add more confluence.
