We can see price is now in an uptrend on the 4hour chart as we broke out of this descending trendline very impulsively to create a higher, we are now in an area of interest and looking to confirm this higher low. Longs do look good from here as we have a few confluences which include, 50 fib level, structure level and 50EMA all acting as support. Price also looks like it is going to print this wick candlestick to confirm an entry on the 4hour close.