On the weekly chart last week we had a bullish engulfing that engulfed the previous 5 weeks, on the 1hr chart we have formed a double bottom in an uptrend and price faked to the downside trapping people shorting the market, price has since broke the neckline just waiting for a retest of the neckline and will target previous swing highs as an initial take profit
Chart PatternsTrend Analysis

Disclaimer