Repeat Reversal? 2/2

This morning (AEST) I saw we broke the trend line (red) from 65 touching 102 to 127. Then thought I'd see what Gann would say. Drew a Gann fan on the 45 degree from 65. We fell from the 2/1 and are now resting on the 3/1. Could we then reverse trend to touch the 2/1 again? (see previous chart)

This chart shows in detail (2H) this speculation by copying bars from the July 6th bottom/reversal (yellow area) and copying them over this correction.

Disclaimer