In the interim look for gold and USD pairs to benefit until the turn.
On the LTF we have the makings of an exaggerated a-b-c pattern however big moves like this skew the trend lines.
We have popped into the shorting zone I had put in my last update. Now we must see what kind of price action occurs. I would like a break of the green daily TL to short but that is giving up a lot of pips. I will go to the LTF and watch for a flag or correction and look shorting opportunity.
Another thing to watch if you are a H&S pattern watcher it looks like a classic (so good I don't have to point it out) The blue rectangles indicate the minimum rise which is between the .618 and .707
Be careful there is a little 1 hr support area at the bottom of my 4 hr resistance zone. Quite often we get a pull back and then another move up.