This is what I would call an Ascending Double Bottom structure
With the left hand of the bottom being lower than the right hand
I expect a further breakout towards the red line on this Weekly timeframe
From there price can either do a full reversal or be rejected from this Red Line.
With the left hand of the bottom being lower than the right hand
I expect a further breakout towards the red line on this Weekly timeframe
From there price can either do a full reversal or be rejected from this Red Line.