 Welcome traders to the Tick Mail Charter with me, Patrick Munley. I want to draw your attention to developing opportunity in the Euro dollar on the hourly timeframe. We're in this decline, impulsive decline to the downside here and it's looking like we're setting up for another leg lower here to test the Ideal 1812 to 117.67 target zone versus what would be the higher timeframe wave 4 consolidation giving us a wave 5 target down here. So I'm watching for bullish reversal patterns into this area. Certainly want to see that we maintain momentum divergence but bullish reversal patterns here to us being set long positions targeting at a minimum a three-wave corrective pattern that should see us trade back into 50 cent retracement of this decline into the 118.88. As always traders, bang the trade, trade the plan.