Slowly we see the decline in price action and although it's a very choppy time we are in, the continuation to the downside, at least down to 115.30 going into the next weeks seem very reasonable.

Although bearish, placing shorts in market conditions like this is high risk.

It's worth, at times waiting for the market to draw to you.
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With that being said, we have seen sellside on the daily timeframe purged @ 115.29 which was mentioned in my previous post.

With the weakening of the bears, could we see a reversal?
Candlestick AnalysisMultiple Time Frame Analysis

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