Arguments for the bulls

Daily chart reveals a corrective pattern, a double zigzag.
Wave W equals Wave Y, and fits within a channel so far perfectly.

Noted a rebound from the lower boundary of the channel, and the move faces ma50 just slightly above the current quote.

Lower frame chart is in the updates.

Trade safe

Comment:

Comment:

and h1 - interesting to note:
- trend line RSI - likely a move up
- RSI 50 level - support + BB squeeze