EURUSD - pull back to extend more

Friday's NFP numbers completed a lead to completion of a smaller cypher pattern on the hourly timeframe just below 1.10. Price action extended a little higher but did not break the X-point of that pattern.

When this kind of pattern completes, we usually look for a .382 price retracement and potentially a .618 retracement. In this case however I believe we'll only reach the .382 and reversal back up might happen around 1.0890.

If that is the case, I will be looking for a potential AB=CD pattern right into completion of the Gartley pattern you see in the chart where we have quite some fibs aligning around the 1.12 even handle.

I know it's still far off ... but just keep an eye on this chart and see how it evolves, I know that's what I'm going to do. :)