Take your attention to the part of the second Break in market stucture(BOS).
Notice how price takes out the sellside and then takes out the Buyside Liquidity
After that price breaks to the downside on the 4hr Timeframe. This confirms the bearishness on the pair
Now I expect price to retest to the upside before it continues on it's way down
Notice how price takes out the sellside and then takes out the Buyside Liquidity
After that price breaks to the downside on the 4hr Timeframe. This confirms the bearishness on the pair
Now I expect price to retest to the upside before it continues on it's way down