
The ascending horizontal triangle should indicate bullish continuation pattern. Another strong bullish and follow by breakout through resistance would bolster this scenario before expecting bearish reversal.
Rivalry is the life of trade, and the death of the trader. I don't set trends. I just find out what they are and exploit them.
I'm looking forward for a "Head and Shoulders" pattern to be valid. This might lead for a major reversal and a bearish trend.
We might see another bullish movement until the price touch 61.8% Fibonacci retracement area, before expecting continuation reversal of bearish trend to c-white. If the price breaking further up, it might be just a "bull-trap" to complete sub wave inside b-white, as long as 100% of Fibo retracement remain intact.
A pullback and a strong breakout through lower red trend-line will boost a-b-c in yellow major counting. Otherwise we might see another bullish trend to complete unfinished 5.
A valid double top chart pattern will bring a major reversal.
Otherwise, we will see another bullish rally to complete the 5th major bullish wave before expecting major reversal.