Load up the bean boat... *PIC*
The last downdraft looks like blow off selling. I saw one of these things back in the day. Price blew down...sucking in the shorts and when it turned it went up like a bat outa hell.
Besides looking like that...it looks like a pattern I see repeating all the time in the currencies...just on a smaller time scale. Price goes down hard...comes back up...goes sideways for a short period of time and then takes off.