Bullish Divergence Formed, End of DownTrend or a Rally Coming

As you can see, the downtrend was a very extensive one and now the price is rounding out forming a support and Bullish divergence. Price will trade more in a range until we see a breakout either further below or back up to form a rally/uptrend. I expect price to retest support and then form rally, got to be patient and see how the market will unfold.