Well I think it's fair to say that it wasn't a bull trap playing...

Well I think it's fair to say that it wasn't a bull trap playing out as candles have continued to print above both the 8ema and bollie median. (remembering that it hasn't seen closes above the median for months). 8ema has also crossed above the median and with MACD also supporting this move then it's the bullish the chart has looked in a long time.
And just to add, seeing as the upper bollie is at a greater angle upwards than the lower bollie is downwards then that is a signal of incoming higher highs. Lets now see if the PA backs this up?



And as for this short position.




Cheers