As we discussed. The first F proves the presence of counter-directional volatility by blasting through the 100-pip stop.

The second F prompts a move that violates the 100-pip stop by a little.

The third F puts the price over the 100-pip stop for good after going beyond 1 and 2.

However, an F needs the ink to dry. The next 3 days would all have to stay above the low made. 2 more days to go. The #3 on the upside received 2 scares, one fell shy by 10, the other by 4.5 pips (on day 2 and day 3 namely).

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#47 kicks off the new year