Price action has trended lower in the last couple of days since the position was established.
Tenkan-sen has now re-cut below kijun-sen while below the kumo cloud and chikou span continued to trend lower because of the current price action. Chikou span has reflected, despite price action being higher previously, is now at the low region, it shows the weakness of the bulls above the chikou span.
The forward kumo cloud, being bearish, also trending lower, and thicker.
Continue to see a bearish mood ahead, and if opportunity arises, may continue to add in short position.
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