In our previous analysis, we were looking at the bottom for a reversal back to the upside. We have now broken the descending trendline indicating that we are now bullish, even if its only for the short term.
The next area of interest we are looking at is the 146 where we have previous structure. If we break through that level, we will be looking for a retest to take this even higher.
See our educational post on reversal patterns and how to identify them.