On Friday the Euro hit new high at 1.1470 as expected.
Apart from geometries shown below the structure of the move, let's say on M60, is very similar to patterns that has preceded previous correction recently.
It might be current level that will stop it for some time or 1.1520 after one more move up. If these areas don't hold the next serious level before low 20s is about 1.1750.

This is a nice bullish ABCD off the Fed minutes pop, and this sets it up for rat's area, but my gut says it isn't going to do it off this area in here. I'm not saying it won't do it at all, but I think it will chop to digest or roll a bit, but that ramp was exhaustive short-term. We'll see.

Rollin', rollin', rollin', keep those doggies rollin', head 'em up, move 'em out...

Now if they finally want to bring it up, and consider the shakeout enough, this is the spot here at 27. We'll see.

Okay, now finish giving all that pop back, just as I suspected.

Yep, gave it all back exactly like I thought it would. I wish I would have posted that explicitly, since my gut was to short the sh$% out of it as it peaked. The fake manipulation/machine news headline reading move and the exhaustion was just plain as day to me.

Lower high and now up? I'm not sure it has anything in it to rise from here right now. I'd be worried, especially if it was earlier in the day, that it may come under pressure again.

ES ready to give me another leg down? Or is this the 'test' where they make it look weak as all get out, then come for it? At this time of day, set up like this, I doubt anyone's coming...

Okay, now wait, maybe they have a last minute pump left in them. I'm not seeing it, or not much, but you never know. Essentially zero liquidity does funny things to a manipulation market.

Denied! Slammed back to reality. I love it.

It's fallen, and it can't get it up.

they had everyone waiting for that area just overhead where there are half a dozen fibs, but just couldn't get there yesterday. I was surprised by that, and thought they would manage it today. It's very possible it's set up for a gap and go to the downside Tuesday.