Preferably, I believed market in bullish reversal trend to perform a corrective wave abc in a (white or yellow) before expecting a bearish retracement to perform corrective wave b (white or yellow). But until now, the magenta critical line still remain intact, therefore a further upside breakout would bolster the bullish reversal trend scenario. But, please be careful for any breakout to the lower red trendline. Good luck.
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