My main sequence that I base trend reversals on is when we establish a higher low followed by a higher high and then a follow up confirmation higher low on the 4hr chart after being in a downtrend that tells me that we are reversing to an uptrend. The ivnerse is true when we reverse from an uptrend to a downtrend. What we are currently seeing in the market appears to be reversing to an uptrend as we have just gotten our confirmation higher low after our most recent higher high. On top of this we have another big signal of mine which is whenever we get more than 5 consecutive candle closes above the 50 MA (in orange) we are in a buyers market. This concept is more effective on the 1 day time frame but can also work on a smaller scale on the 4hr time frame. ..Currently on the 4hr time frame we now have 12 consecutive candle closes above the buy sell line and are a good ways above it. We also have the current 4hr candle breaking above the top trendline of a big equilateral triangle pattern. I think we will still be heading to the inverted head and shoulder break out target of around 7.2k. Before we get there it is important that before our next dip we form another higher high to continue the higher high/higher low sequence. So before the next dip we want to reach at least $6870 or so and all signals are telling me that probability favors us doing so. So this idea will be listed as long. Of course this is only my own personal strategy and as always not financial advice. I wish you luck in whatever strategy you choose to implement for yourself. Best of luck and thanks for reading!