MLN broke out above the downtrend on the daily TF with a strong impulsive move, we can see market has now made a correction to retest previous resistance as new support, in confluence with the the 0.618 fibonacci. On the 4hr TF price formed a double bottom broke above neckline and is now retesting the zone giving us a good potential entry, looking for confirmation signals on lower timeframes for a potential spot entry to long.