Price has broken out of the trend line signalling a start of a new trend. The price is predicted to touch the support level before it reaches to the next resistance level. Not suggested to sell as price may reverse up any time. A good long opportunity is when price has touched the support level and reject it nicely. TP would be the resistance level. Please forgive me if theres any wrong in my analysis or any wrong use of words as I just started Forex not long ago. Happy Trading!