a)Price has broken a descending channel b)Currently we can see a Bullish Corrective Structure (Flag Pattern) c)Flag patterns are considered continuation structures d)The corrective structure is an intresting setup because of the support zone + pullback to the broken descending channel e)On the chart we have set our Entry / Take Profit / Stop and Break Even, we recomend to use this zones as a guide, you will have more accurancy if you define this parameters on a lower timeframe such as 60min or 30 min