Below is a 2 hour chart we’ve been following since the bear flag broke to the downside. With yesterday’s and today’s price action I can see a possible 6 point blue Diamond consolidation pattern forming with the breakout today. A backtest would come in around the 101.60 area. I’m also looking at the Diamond as a halfway pattern to the downside as the second leg down from the double top at the bear flag high. Keep in mind the shorter term charts you use the bigger the chance they can morph into something bigger.