two possible scenario's for a possible uptrend

Two possibilities could be taken into consideration:
1. It breaks out of the main diagonal trendline and then above 0.167 it retests and grows further
2. It develops into a rounded bottom pattern and a possibility for a cup&handle.

It seems that the 0.167 is in both cases an important S/R point to watch out for.

This is pure speculative. DYOR/NFA
Chart Patterns

Haftungsausschluss