Equal lows created on 14 Jan and 21 Jan on the 4hr time frame respectively has been taken out on 27 Jan. Price quickly moved away from its bearishness creating an order block in the 4hr time frame and also taking out the previous swing highs on the 22 Jan. As we can see on the chart, after price took out the previous swing high, it came back to retest our 4hr OB...
I'm looking forward to go long on EURUSD. The marked fib levels are entry points. Currently EURUSD retraced on the 38% fib level, I'm waiting for a retracement on either the 50% level or 68% level to go long.
Use proper risk management if you are going to take this trade!!