If support holds and arm has a high chance of a breakout into a short term call. As seen before the head and shoulders pattern seems to have completed and arm is rebounding. Other indicators such as MA and MACD also indicated a bullish sentiment.
Note
Arm has to break 120.14 and 121.9 to be considered bullish 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.