Nothing but consolidation all of last week, this is highly visible on the daily timeframe, all that can be seen is side by side candles followed by wicks. If the market wants to continue like this we will simply work with other pairs, however, if we see a clear break below of the structure marked followed by a re-test and rejection, this could open up the possibility of a short position down to the next key level marked.
COT Data - 56% Long
COT Data - 56% Long
