Primary trend has been broken and then we got a consolidation zone and reversal pattern printed (the double bottom defined by the pink scribble). Price has broken through the 200 MA and a minor trend that was established making the consolidation zone. I want to see the 1st dotted line broken before I would say that this has broken out. Though once it has, targets are at each of the lines, 1-4 and the 200 week MA.