going short on retracement

Updated
last one for today. I'd just like to get a bit of feedback on what you guys think about this shorting opportunity.
Again, just a basic analysis based on simple reads on S&R as well as fibs.
Note
market is in consolidation right now, but it is expected to continue short afterwards. This might be a second opportunity to trade short during this consolidation. (we'll see)
Note
112.260 should provide a bit of resistance and hopefully we get to see this target get a hit
Trend Analysis

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