Just a brief on EW view...
On 1H...pattern may be seen a possible bullish cypher pattern as per your description.
But looking at kevinsingh D chart, obviously its forming 5 wave up surge as an A or C pattern (not wave 1) from low 87.500
From peak of 92.339 (60H)...I can see a positif 5 wave impulse downward.
This price will keep down as part of combination from Corrective Wave (Looking at D Chart)
Be carefull bro...(just suggest). If indeed there is thrust from current level 91.706...I could assume its just some correction from the Downed Impulse.
Correction from an Impulse never retrace 100% (If there is...rarely happen). I won't made TP that high.
Anyway its good analysis.