Without getting into Res & Sups now, problem with this picture is that the Trend line bellow was violated, but they NEVER closed bellow it. I don’t want to be a devil’s advocate here, just pay attention to it. Might mean nothing, but at the end looking at past performance one would always say : of yes, they have never closed below the trend line…it was obvious…
So, as long as the Support stays intact, be very very careful.