Back in the zone. so watch out.
So it will be a Breakout Trade. As u can see , it has retested that baseline a few time, just to reverse entirely.
It may happen again, or it will break down.
It totally depends on how you want to take a trade when it breakout. There are tons of ways to "trade breakouts"(google it/youtube it)
thers always a chance of false breakout . SO get confirmation from your side, as to whatever your rules are
Recently came across a good "confirmation post" about breakouts from our fellow TV friend @Bravetotrade
Also you can try the @NeeteshJain technique of taking a confirmation from a candle on closing. End of day candle or whatever timeframe you use.
Gives good results, look into his ideas and see how he uses it to his advantage.