The Short Looks Like It May Continue...

Where price is consolidating at on the 4hr became a very thing doji that retested a bearish engulfing candle. This could indicate another small retest before continuation back down or we're just gonna keep plummeting.

I want to see if we're going to keep going past the daily SR zone for 135.674 to the weekly. Or if the temporary long move does occur, will it stop at the monthly zone of 140.009 or not.

Even though I do see a reverse inverted head neck and shoulder formation happening on the weekly, it'll take a while for it to complete the right shoulder. That is, is price doesn't feel like keeping the bearish momentum in play.

Here are the TPs:

BEAR TPS:
• 135.909
• 132.775
• 131.018

BULL TPS:
• 139.393
• 140.009
• 141.288
• 142.510