If I was looking at this from an objective place I would say this is a bullish setup and it about to pop. This chart is inverted. It's something I personally am fond of doing because I'm a breakout trader. Imo it's important to do this for a number of reasons You can see how it PERFECTLY touches the 618 line on the fib retracement when inverted. Which , to me, is simply fascinating.
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Let me iterate what i meant by BULLISH; I meant bullish from This particular setup- with that Blue box being the Target zone.