The market has been forming a series of higher highs and higher lows, but with weaker broken highs. An hourly liquidity sweep led to a swift bearish movement, clearing the swing low at 1.47490. Anticipating a flip to level 1.48000 for a bearish entry.
- Market structure: Higher highs and higher lows, with weaker broken highs - Liquidity sweep: Hourly sweep led to a swift bearish movement - Swing low: 1.47490