Price failed to make a higher high higher close above previous minor structure(red line) and if you drop 1 time frame lower you will see a with being on the right Top + divergence - nice trading opportunity for shorting EURUSD . If price goes higher you can take the opportunity for hopping on the move.
If you look left price made a NSH - this NSH confirmed a rotation in price on 4H, so currently I'm looking where I can go long. There is equal measured move(orange lines) that is completing right at previous zone(look where is NSL ). There is 1.618 Fibo Extension too - that is almost perfectly aligned with the measured move.
I will be waiting for to go in oversold condition and then I'll be looking for entry reasons based on my trading plan. You can wait for a with stops below structure level( NSL ) and target previous minor structure.
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