It has formed a Head and Shoulders pattern on the 4-hour chart, and it is hovering around the bullish trendline from the previous year. The direction it takes is uncertain at this point. However, based on the bearish pattern, it is expected to move downwards. It's worth noting that many Head and Shoulders patterns have failed to materialize, especially on large caps and indices that are heavily anticipated by the market.
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Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth