Looking for a retest of rising wedge. 47ish area
Resistance at 46.33 could flip to support.
Watching 1hr rsi like a hawk. Could turn into smaller head and shoulders pattern unless breaks rsi neckline and finds support above 47.
I feel it may come back down again and could bounce off 44.90 or double bottom at 44.40 area. Still looking at 43.70 as potential bounce but things can always change. I know that 44.25 was a key area in the past so could contiue to be a key bounce zone
Resistance at 46.33 could flip to support.
Watching 1hr rsi like a hawk. Could turn into smaller head and shoulders pattern unless breaks rsi neckline and finds support above 47.
I feel it may come back down again and could bounce off 44.90 or double bottom at 44.40 area. Still looking at 43.70 as potential bounce but things can always change. I know that 44.25 was a key area in the past so could contiue to be a key bounce zone