The price has gradually grinded up to the trendline + slightly crossed 61.8%, which is an indication that it has reached it's reversal target. It has a high probability to reassert back to it's original bearish trend, by forming lower high & lows. The is no confirmation signal right now for downtrend, but it might develop. Anything can happen, there is no way to know if the trade is a winner, but we know that in a series of trades, it could be a winning strategy.