Watch closely for the early warning signs of a reversal. Don't jump the gun and wait for the confirmation. In the long term EURUSD can return to the POC around 1.2 presenting a lot of opportunities along the way.
Downtrend. New pivot above the price with 200MA for muscle, next resistance around 200. good RR.
Pivots tend to work well with BTC.
I see a good oportunity to do a little rally and test some prices before the next crossroad.
We've had a strong bear run, but it's over. Bears will take a breath or two while we retrace some steps and touch base with some moving averages.