Break out up would be bullish but break out down would be bearish! In general I am bullish because of supply threats, so I would not make a sell, even if it breaks down unless it goes below the 69 level.
Following my previous EURRUB idea, you can use this one to enter for that longer term trade! Enter when and if the following happens;
Price is above the moving averages
Moving averages have crossed with the higher one at the bottom
The red DI on the ADX is above the green
ADX above 20
Preferably this all occurring outside the red box
If price close above trend-line, buy, or wait for close above the previous high then enter after! Be careful because even after it breaks trend-line until it breaks above the previous high there is still high chance of moves down to retest the 0.382 or 0.5 fib levels.. Breaks of this levels would be a symbol of bear strengthening.