…of the yellow trendline.

Check how cleanly that hourly support low was made (dark blue) and was back tested along with pro volume coming in. Interestingly enough they may have already gone back in short.

Things could accelerate once the daily pro volume candle gets exceeded to the downside by 15 pips.

There is a long way down for the daily stochastic.

After a GLD print, a HEAD print would be logical, but I don’t know exactly until the market consolidates overnight taking the weight lower. Should that be here, you are looking at 1.0788-1.0770

There should be a catastrophic cover at the end of this decline, and the stochastic bars have not even started printing yet, let alone started diverging.

For now, the continuation entry should be a failure at the E-16: count 8 more candles after the down fractal, if no closes / not sustaining above the EMA, you should go in for the next leg.