This structure looks like its an point of termination of its previous move in 5 waves ( 1st Leg down Wave A) in corrective structure
Now we can look for 2 options they are
01) it might turn down and retest its recent low or immediate low with low volume , one can position on reversal in sight
02) it might continue to move slow and make an impulse move above the second entry level i have marketed , usually it indicates the down ward trend is over and both investors and speculators starts participating one can look for positioning or adding on dip after its strong move
Look to book near the forecast
You can follow scrips which behave in reversal prospective for this next move up
Now we can look for 2 options they are
01) it might turn down and retest its recent low or immediate low with low volume , one can position on reversal in sight
02) it might continue to move slow and make an impulse move above the second entry level i have marketed , usually it indicates the down ward trend is over and both investors and speculators starts participating one can look for positioning or adding on dip after its strong move
Look to book near the forecast
You can follow scrips which behave in reversal prospective for this next move up