Sharing this on the hourly, but the daily chart is what caught my eye. The 1/17/2025 dip got bought right up.
There could be a little but of a head and shoulders patter going on, meaning it may turn bearish, but I think one good bullish move up is not out of the question.
KEY:
-White Horizonal Lines: Previous High/Low, multiple time frames.
-Green Horizontal Lines: 1.618 fib level.
-Purple trendline: Head and Shoulders neckline.
There could be a little but of a head and shoulders patter going on, meaning it may turn bearish, but I think one good bullish move up is not out of the question.
KEY:
-White Horizonal Lines: Previous High/Low, multiple time frames.
-Green Horizontal Lines: 1.618 fib level.
-Purple trendline: Head and Shoulders neckline.
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