After concluding our short bias for the rest of the week coming off of our double top formation we anticipated some strong bear orders just after the NY open. 1 Hour into our open and bear orders pushed priced actions to a new low of 1.02903 at 11AM EST. This would normally conclude our trading day but since conditions are still overbought short orders are currently still open and looking to enter short again 1.04300 to complete a potential bearish cypher at the top of our descending channel. Todays reversal is an excellent examples as to why I prefer executing and closing trades moving zone to zone as apposed to swing trading and working with trailing stops. Following price action closely near our weekly supply zone.