The trendline holds

In the latest post i noted that the trendline + 2 equal legs from the top could offer some support. And what a reaction we got! Price exploded higher in the late trading hours of the week. If the count below is correct then this could be the resumption of the uptrend which could take price to around 1.44 - 1.46 . The alternative would be that this rally is a wave b of X. Look for 1.4034 to be broken to confirm the uptrend.