Inverse H&S pending breakout

MACD is about to break through waterline on daily chart indicating positive trajectory, while we have an unconfirmed inverse head and shoulders which is bullish in nature and if confirmed can be expected to hit between 50-70% above the neckline of the pattern based of the pattern alone before encountering significant resistance.. These targets correspond to the 61.8 and 78.6% Fib retracement levels. The pattern will be confirmed WITH significant volume on breakout of the downward trendline