1) Previous month LOW has been violated 2) PRICE can come back to 1639.00 LEVEL to retest AS currently the price is trading into bearish order block on 4H Timeframe 3)BULLISH BREAKER in formation
EURUSD Short Market is in downtrend at weekly chart shows ORDER BLOCK
Market had made swing low at 143.725 that was the Higher High .Made another swing low at 143.311 by making Lower High. Then Made another Swing Low at 142.466 . Market making swing lows and market structure seems to bearish
Purge and revert strategy liquidation purged wait for the BOS
Market has made the BULLISH BAT PATTERN on 4H timeframe and there is the strong support at 91.376..By using RR 1:1 I think it would be good to go
Market is in BEARISH TREND MAKING LH AND LL's. Short term trade can be taken by using previous LH as stoploss
Market is in bullish trend by making HH and HL's. Market can make new HH
Market was in Bearish Trend by making LH and LL. Market has made the new HL which indicates Trend reversal
Previous market was in BEARISH trend. Then market started making new HIGHER LOWS then there comes the BULLISH Trend reversal. Now market is making HIGHER HIGHS and HIGHER LOWS without breaking previous HIGHER LOW.
Market was in BULLISH trend by making HIGHER HIGHS and HIGHER LOW. MARKET HAS BROKEN THE PREVIOUS HL AND MADE THE NEW LOWER HIGH.