Pair reaching the end of the diagonal - Will it poke out and reach 160 or down before then? Will be looking for short setups as looks like upside is limited.
Will be looking for short setups in the red zone or when breaking the blue support line. Eventual target to the Green rectangle or Blue horizontal. The redzone is the 50% Fib retrace from June 2014
4hr looking bullish. If it reaches short zone looking for short setups to target zone.
Breaking bearish continuation flag on 240, 60min flag (blue line already broken and now just creating another flag in the previous support zone before pushing further downside). Yellow Arrows showing simple 3 wave completion. Green arrow showing projection of Y