On the monthly timeframe we are retesting a level of weekly support with quite a bit of exhaustion. Last week closed with huge wick rejecting the weekly level of support. Overall we are bearish and will need to go down timeframes to see structure as I expect some sort of reversal. On the daily timeframe we are continuing our downtrend and currently in a pullback. I will go down to lower timeframes to see how the market lines up for a for future entry. On the H1 timeframe until we break the red zone we are still looking for bearish setups!