156.50 support broken??

A bearish engulfing candle on the h4 chart indicates that the bears are starting to gain control on the market. I was reluctant to go in early as the price action was choppy all day long, and a confirmation is still needed to ensure that the bears are in total control.

Now the price has pierced below the support at 156.50, which was the crucial level that I monitored. Let's pray the beast keep drifting downwards.

Below is the H4 chart as of 8.30 pm Malaysia.


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