40W valid Trend line broken, we are moving up

As you can see on the attached chart last week got 40W VTL broken. It was touched from the bottom but it is consider it as a trend lne break.
It is actually a confirmation that's the nest of lows og 40W cycle is behind us and that the bottom for recent drop was 17K.
Now someone is pushing a little last drop to happen butstand still and don't Use too much leverage 5 times leverage is the most higher using now to protect against so called Chinese 10% drop.