Just an update to my previous post:
As it turns out.. there is another pattern here that I previously did not see.
A Bullish Butterfly (RED) completing at 100.150s.
From this area, we should be able to retest the resistance at 101.675 (Fib. 0.382/ Target 1) that which is expected to HOLD STRONGLY since it was a Very Strong Support previously. Then ideally for another run down to the low of 99.50s to complete a Bullish Gartley pattern (GREEN).
As it turns out.. there is another pattern here that I previously did not see.
A Bullish Butterfly (RED) completing at 100.150s.
From this area, we should be able to retest the resistance at 101.675 (Fib. 0.382/ Target 1) that which is expected to HOLD STRONGLY since it was a Very Strong Support previously. Then ideally for another run down to the low of 99.50s to complete a Bullish Gartley pattern (GREEN).
