Took in consideration the previous bullish impulsive move to the upside before price started the corrective phase. After a push we always have an exhaustion, followed by a continuational push to the upside. We also have a descending structure within a descending structure, therefore there's confluence, meaning higher probability for price to break to the upside(patter recognition and pattern strengthening ).Taking this a step further we could see the formation of a potential double bottom chart pattern, confirming the bullish move out of the corrective structure to the upside.
Note
also spotted the tweezer bottom dual candlestick reversal pattern.
Chart PatternsTrend AnalysisWave Analysis

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