On the monthly time frame, the market is showing a bearish trend
The market made a bullish move to the upside giving us a Head and Shoulder Pattern into a Descending Triangle Pattern.
Market structure seems bearish because it has been making lower highs and lower lows.
Looking on the "Forex Chart Patterns" picture, the market made a bearish flag pattern formation and recently broke out of one, and into another.
Wait for the break, retest to enter a sell.
