I've painted both scenarios here, in the red are a few levels i can see this going to, and in the green are your basic fib retracement 'run' to points.
there is another pattern i can see on a longer timeframe, which i will post at a later date if we continue to run towards that level.
there is another pattern i can see on a longer timeframe, which i will post at a later date if we continue to run towards that level.