There were some nasty cross currents at work on Monday — tradable, as will nearly always be the case for camouflageurs, but not easily so. The pattern shown could prove useful to night owls, or perhaps to day traders if it has not panned out by the opening bell on Tuesday. The 1659.50 target is validated by price action Monday morning very near, if not precisely at, the p midpoint. Notice that there were two distinctive peaks created during the first half of the session. They lie, respectively, at 1641.00 and 150 minutes later, at 1639.50. Any b-c pullback that begins from somewhere in-between would be a bonanza for camouflageurs looking to get long. If it happens almost too quickly to catch that would be a plus, since there would be relatively few competitors aboard. You should plan accordingly by being on instant-alert.
