Very simple -We saw the historical 30+ year ascending trendline hold up as resistance after a fakeout spike higher, red 786% & 618% bearish fib levels are prominent & also holding -Price is now breaking a medium term ascending TL & has retested successfully -Recent Weekly candle close saw a confirmation of bearish pressure = thus I expect a test of green 618% bullish fib level (1.1225) - *Invalidation* of short bias is a break back above the broken ascending TL turned resistance or 1.3470 handle - Action Plan = Sell all valid 4HR swing highs unless we break above the aforementioned invalidation zone and join in the short term trend reversal - KISS - Keep it simple, stupid