We’ve got a “Harami” at the local high, so the nearest support line is still in the game. Moreover, it’s likely to have any bullish patterns on this line. As we can see on the Daily chart, there’re a “High Wave” and a “Harami”, but both of them haven’t got a confirmation. If it finally arrives, the market is probably going to achieve the resistance nearby.
There’s a bullish “High Wave” at the last minimum, which has been confirmed. However, we’ve got a confirmed “Hanging Man” at the local high, which means that the nearest support line is likely going to be reached in the short term.