We have to be cautious of such a large pullback on the daily, but we are setting up support for another leg higher. This daily does have a higher chance at setting up a big tightening range, or a triangle.
Resting on support as I type this, setting up for at least a scalp to the long side with clear risk to the downside. Ideally, we hold over 5.9-6.2 and get some daily closures above it to confirm the move.