Following up from my previous ideas (which followed beautifully down from the top of the extended pitchfork - I'm happy and still surprised by it btw). Who would've thought the Fed would be hawkish last Friday, eh?
Price is resting on the 0.618 line enroute to the median line. There's small chance of it bouncing upwards a little bit, depending on what ECB plans to do next, but I think that'll happen by the time price is nearer to the median line.
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Price is bouncing above the weekly pivot support-2 level. Could bounce up tonight or dive into the red channel.