The trend is beginning to rise again after a sharp increase on July 6th followed by a sharp decrease on July 10th. The candle is now starting to rise again. In this case there are two options. The candle might rise until the resistance line and break it above with an open-close candle, and in this case I can buy it. The other option is that the candle might start to go back down to the support line in which case I will sell it.