All the key conditions are met. In particular:
- We have a bottom which is higher than the previous one
- The RSI Exhaustion has made a higher low as well (follows the same price movement)
- The RSI Exhaustion is bearish exhausted
If that’s not enough, the current retracement will find a hard time moving even lower because we have a major support, displayed by the Levels and Zones, just below.
When we combine all these factors, we can definitely expect an upward movement, at least about the same size as the previous one.