A small long looking for 30 pips or so. We're responding still the pockets of bid within the current run and price hasn't fully filled the previous larger offer void.
This selling move is fairly extended at this point but I'm thinking there is still potential for the run to hold bellow the accumulation of the overall range.
Price seems to have slowed down the selling pressure and has left a void that may get filled back to it's release fractal before it decides to continue lower.
Price is contracted coming at the start of a new month. Liquidity is drawn away, opening up the potential for a larger move. I'll take the risk incase the last few hours of this week result in a rally back to pick up offers. In my view the last move up needed to keep going because the the nearer bid pools look drained.
If the current run continues to break down we could reach into deeper fractals below judging by the way the current bid fractal has been dealt out, Hard to pick an exact entry level but if price extends bullish into Late NY or Asia a short entry may be possible.