Based on fibonacci extensions, price looks to be forming a harmonic pattern
of the butterfly
type. All the checklist has been passed up to the point C. The price now seems to be moving up to D. If this pattern unwinds, it will be a barish XABCD and entry should be placed at D targeting the 38.2% - 61.8% retracement
from the low at A: ~ 1.42022. Which also happens to be a trendline
resistance to be possibly turning support.