EURUSD - Expecting further correctionGiven the CH the 4-hour timeframe, we expect further correction. Given the signs on the 15-minute timeframe, it seems that today we are witnessing a 4-hour pullback.
The price, moving up, can clear the liquidity before the order block at 1.08596 and bring itself to the order block. If we see a CH on the 15-minute timeframe in this order block, we can open sell position to reach the range of 1.07965-1.07814.
However, if the order block 1.08632-1.08697 is broken with high momentum, the price can continue to decline from higher areas.
Everything is clear on the chart.
I hope this analysis was useful for you.
Be profitable