USCAD Long - Inverse head and shoulders

On higher time frames, we can see a break out of the downward daily trend, we've now come down to retest the daily 50ma and the 0.382 Fibonacci level, looking down on to lower time frames we can see the hourly we have broken upward of the trend line plotted an equal high and coming back down to print a new higher low which could be the formation of the right shoulder in an inverse head and shoulders.