This month can have an important price action that define the tendency for the rest of the year, I'm still bullish
but look the chart, the swing from X to C is already paid, not at 100% of the fib extension but what do you spect for a weak bullish
run? If you look the inside of the B-C swing, it have all his own weak swings paid, so I think the probability to start a new bearish
tendency is plausible.