Folks, this short is NOT a CERTAINTY, but the R/R is there IF you use stops in the 6.69 / 6.82 region.
I've also labeled a possible Leading Diagonal in pink. IF price goes over 6.82 to new local highs, THEN probability shifts in favor of a more meaningful bottom, though not necessarily THE BOTTOM...
CAPITAL PRESERVATION is PARAMOUNT
Good progress today, but we've got to push through this support region and get below 6.16 tomorrow. A bounce from here back over the morning's presumed wave ii high and better not to be holding short imo.