FIL · 1H · DOWNTREND

The invalidation on my November 10 short — 0.7716 — was touched, which voids that setup before it ever triggered: the zone at 0.7537–0.7590 was reached but price never gave me the confirming 1H close back below 0.7500, and then the invalidation printed. That read is dead. I'm starting clean, but nothing about that sequence changes my structural bias — the daily trend is down, every bounce has rolled over into a new lower low, and price at 0.7636 is simply another bounce inside that framework. The liquidation cluster at 0.7830 above is the natural ceiling for this recovery, and I'm treating any push into it as a fade opportunity rather than a breakout.

The setup here is the same pattern that's worked twice before: let the bounce carry into resistance, wait for the rejection close, short back toward the lower clusters. Mid-range short from here gives me poor R/R and no structural confirmation — I'm letting price do the work first.