EURUSD Smart Money Concepts
The EURUSD pair has been bearish this week. The first bubble at the top shows where the price tried to form a bullish MSS (market structure shift) or ChOCh (change of character), this happens after consecutive green higher highs, but the next higher high candle closed red, thus that was a failed MSS/ChOCh. Yesterday's price closed green on the day, this might form a bullish MSS/ChOCh if we can see more green higher highs, and closes. There was a sellside liquidity sweep where sellside liquidity was taken, this may be forming into a bullish MSS, but if the day closes red then it would be another failed MSS. Perhaps the EURUSD will try again later.
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