There is a possible formation of a double bottom here, note that the expanding triangle of 5 waves has been broken out. The confirmation of the change of the trend is the retracement towards the previous support/trendline then back down. If the change of trendline is true, then the forming of the double bottoms is relevant and expected as the retracement. Id strongly advise we wait to break the neck, then we enter in towards the target.
