It's been a long time since I've seen a 5 minute chart that looked like this. Boy does it look good. This is a solid rally. Notice that prices have been rallying for the entire period, but have engaged in solid moves followed by profit-taking and consolidation areas.
On the daily chart, it's important to point out possible levels where prices could sell-off to in the eventual sell-off. Therefore, take note of all the Fibonacci levels along with the moving averages because these are possible support levels. Also note there are plenty of support levels out there, which should help everybody breath more of a sign of relief right now.
