You cant lose what you never had to begin with rite :p
1.18000 was a lovely level as we had Trendline lined up with resistance, price hit these and bulls tried to break through to the upside, bears were too strong and pushed price back down below these 2 very important levels which created a spike that would have taken peoples stop losses out before dropping.
I can see a nice downside move coming this week so i will be holding my short positions.