As the start of the FX week began pre market , the predisposition for this pair was not entirely conclusive as there was no clear structural signs that price action was slowing down from its bullish rally even though we were nearing our 50% retracment zone coming from our 1.15000 high made back in Feb 2022. Either we bounce or break this zone pulling the retracment to back to a .618. indicating to us a weaker overall bearish pressure against its current bearish trend line. Having the first couple hours of the market open allowed for some relief and more structure to develop in order for the market to let us know where its most likely to move to next and the the degree and probability that may happen. Market pulled from its high into a minor bearish pullback before coming back up into previous highs where the London session was about to open its orders revealing a deformed double top after the flood of orders stabilized price action. Market took a dive since the London Open and we continue to anticipate short orders unless a violation of our fib rule occurs.