It looks like the downside is being postponed for a while.

A Driven Thrust’s characteristics on the upside.

The drive phase ends in the Higher High.

After the acceleration (1) the pullback can be a graze to a 12-pip undercut of the 8 EMO.

The HH is a small beat. Statistically 4.5-18 pips.

After the HH there is a pullback 1/2 to 3/4 ways towards the 30-sample BB’s other end. The 7-sample MFI would drop below 15 (yellow ovals, picture 1).

The thrust would be a further beat (6-27 pips on the upside, typically around 15 ) that would get close to or exceed the future location of the cover line (10-sample hourly low + 53 pips) which would put the final leg up at around 53 pips from the green box buy after the HH, and it would stay outside the overbought field (76) on the MFI.

Also, back to back 2 Driven Thrust sequences are a theme.

After the first Thrust, there should be a drop to the 80-pip line and outside the 30-sample BB.