Comparing the indicator and price movement - seems like the shorting it coming to an end - and the buying is about to commence.
The indicator has shown the downtrend movement, with candlesticks ending with a body on break of average, which confirms that movement.
To confirm the upward movement I would like to see the same thing - stronger bullish body's - along with the averages curling up towards the aqua line.
When I read the indicator - anything above/below the aqua line means to look for that trend setup. Below meaning to look for shorts and Above for longs.