After many up days, price did a shooting star, rejected near 2012 Low. Upon plotting a horizontal level,
I came to an observation that price was not able to close above 1.5000.
From there I build up the price action story that price attempted to break 1.5000 but failed in the process, forming a shooting star. Price might be looking to form up the inverted right shoulder.
come week20 I will be looking for more shorts upon retest. I see a high probability yellow purple combi which suggests a strong pivot from a resistance. There could be furthur downside.