just an IDEA !!!!!!In the zoomed-out view on the 1D and 4H charts, we are in an upward channel. On the 1D chart, we have already hit the middle line, which is acting as resistance. Same Within this channel in 4H, we were in a range area that we broke out of on the upside. I believe we have already hit the target of this range area, which is exactly at the middle line of the 1D uptrend channel. Now, based on the RSI and a small support line, I think it is possible to form a small head and shoulders pattern. If this pattern forms, we could follow its target to go back down, aligning with the Fibonacci retracement levels of 50-61.8%. This would bring us back to our support line, where we can then observe how the price reacts.
