There is a nice looking inverse head and shoulders formation with a retest of the neckline. Measured move lines up with the 1.618 on the Trend Based Fib Extension. However there is no Regular or Hidden Bullish Divergence. In fact there is Bearish Divergence on the MACD. Regular Bullish Divergence would push price to encroach into the formation too much but maybe Hidden Bullish Divergence will develop and probabilities will turn in favor of a long.