no, I meant a good kick for those who were actually 'short' at the higher price.....both cable & euro are in down trends & have been since the resumption of the 25th (from the high's).....shorters have been scaling in positions on the pullbacks........a peek at the hourly frame will confirm that the consolidation around the 25th, failed to break thru the high's, thus strengthening the trendline down. Scale shorts were added here (with the trend line acting as buffer/breakout).....a further failure to push north fuelled more shorts on the slide south.
contra trades have maybe been made on the 'long' side to catch the daily moves, but the trend is still down!