“Today, the price reached the horizontal support on the 490 USD (green) and we can see a long tail on the daily candle indicating a bullish counter attack. If the long tail will hold till the end of the day, we may see a upswing in the next few days. „
OK, so we do have an expected bullish reversal but is it a start of something bigger? If we consider only price movements excluding those from today, we would be bearish. The price bounced from the down trendline and broke the lower line of the flag. Both of those factors are bearish but today the price is not following that and is climbing higher. That can mean a false breakout pattern.