an uptrend returns to an area of strong action , continuation?

1. a strong conviction selloff , or so it seemed, before an
even more powerful buy order in the same area ( set of buy orders)

1-2. notice that we have strong moves in both 1 and 2 , to me this
represents that this is a strong volume area , the resistance then
encoutnered by buyers at 1, should logically be support at 4

3. a higher high showing an interest to the upside, supporting the
idea at 4 of a position switch and test to take us up

4. the strong selloff to me is dangerous, if it was a profit take then
I would expect an immediate slow uptrend to continue up, this makes
the buy idea more danergous at 4 ...

what do I think will happen ?

* continuation is the play, we have a logical area to enter so... could we be
too early... maybe, maybe not.
* we have a great 79% follow through rate, if a candle closes on one side of the zone
it has a 79% chance to follow through to the other end, in this case only themiddle,
you can verify manually by having lookback at 100 and counting youself to verify.