This could be viewed as a Bullish pennant or flag (Pennant in my personal opinion). I've highlighted the red triangle to add with the yellow flag pole to create the Pennant. The yellow trend lines form the Bullflag. Whichever way you look at it, the result should be the same; breakout to the upside.
So the Bear flag had a fakeout to the upside then dumped. Now Price is finding support on the 100% fibonacci retracement from the all time high and 2nd standard deviation of linear regression. Once the bottom has been set, go long.