The reverse pattern shown stops short of greenlighting a rally into the void, although it says that a move to at least d=39.865 is practically certain.  Move the point ‘A’ to a visually more obvious place, one low to the left, and it projects a higher ‘D’ target at 40.605.  I am not skeptical that it will be reached, but I’ll be curious to see how such an obvious pattern screws with bulls’ heads. Our short-term trading bias will remain bullish in any case, but I’d suggest negotiating your entries at p or d pivots of rABC patterns on the hourly chart or less.