Overall market structure is Bearish . Apparently price has found strong support at the 1.77500 area, a level which forms a base with XABC legs of Cypher pattern . Price has a high probability to travel to the 1.81500 area forming a Deep retrace.. Do we have an emerging Bearish C

From the bigger perspective, there is now only a rotation. Not much is really happening there. But before this rotation, there was a pretty strong downtrend. This is something we can work with! Downtrend means that strong institutional Sellers were pushing the price aggressively downwards. Wher