- broadening bottom has 5 touches , making it a valid formation
- partial decline is at a 0.5 or 0.6 level -> signaling a potential top breakout
- rsi is in the oversold region
There are pretty strong signals to go long. Not sold on the idea yet, will wait for volume increase and a little more confirmation.
Links to theory:
thepatternsite.com/broadb.html
thepatternsite.com/partdecline.html