So my thoughts on this instrument are as such:
1) Should one be adamant on buying, I suggest waiting for SIGNIFICANTLY STRONG buying zones or just wait until a clearer technical picture presents itself. There is no need to be subjected to the fear of missing out if there is a true uptrend as you can always look for entries later on.
2) Does this mean that the breaking of the downwards mean that it is on an uptrend? NO. The market can continue to drift sideways. So keep that in mind and manage your entries, targets and stops wisely