This is a potential consolidation scenario for the rest of the week.
Chances of this working are less than 50%. Way less.
Looks like GDP news will keep us in the recent range.
This is the way the bat should have been drawn.
I should have seen this earlier today. Downside as far as 109.30 is available.
Reciprocal AB=CD to complete the correction leg. Good risk reward for play to 110.
Have some Friday fun but play it tight to the vest.
Potential for move to the top end of recent range.
Short it ahead of 112.
Look for a retrace and then get back to the long side.