I expect, that the trendline will get broken, because of the U-form.
Furthermore, the price made a higher low.
EDIT: We are also in an uptrend on the H4 timeframe, I forgot to write that.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.