Theres a series of higher lows within the box which indicates an uptrend is about to occur
price also respects the moving averages theres also an inverted head and shoulders which is a reversal pattern price is due to go up
double bottom formed which is a reversal pattern means its likley to go up price has just retraced on the fibbonace and has formed an ABCD pattern and it hasjust rejected my trendline aswell the analysis speaks for itself really