In this hourly chart, we see that after failing the down side breakout of the trading range that was formed on 28th and 29th Jan, it decisively broke out of the trading range on the upside.
The spike on to the upside was well followed through for the rest of the day on 1st Feb.
However the close for the day is at a possible inflection point. Bar 49 which was the closing bar on 1st Feb, overlaps with resistance area that overlaps with bars 14 to 19 and with bars between A and B on the left side.
If the current move sustains further and crosses this resistance zone, it is likely to move towards the all time highs made earlier.
Otherwise, we can expect some pullback and consolidation at this range.