EU has been bearish for couple of weeks due to the strength on DXY . On Tuesday it created a new low on the daily breaker and came to retest it yesterday but failed to breake bellow it... Price range @ discount... I hope for a sell to buy at 79 fib OTE point . Failure to respect the OTE then the delear has to break the low it created on Tuesday to TAKE out liquidity by going to retest the daily OB.
Currently the price is at h1 BMS, failure to go retest the OTE might result in the bullish movement from the BMS.
Now price moves according to liquidity, if there are enough committed buyers the price should continue buying from the h1 BMS to go test the h1 bearish OB then sell to the OTE or bellow Tuesday's low, but if there are enough committed sellers then the price should sell to retest the h1 79 OTE before they buy
Currently the price is at h1 BMS, failure to go retest the OTE might result in the bullish movement from the BMS.
Now price moves according to liquidity, if there are enough committed buyers the price should continue buying from the h1 BMS to go test the h1 bearish OB then sell to the OTE or bellow Tuesday's low, but if there are enough committed sellers then the price should sell to retest the h1 79 OTE before they buy