EURUSD has exhibited substantial selling pressure within the hourly timeframe. Currently, there's a retracement back towards the Order Block (OB) accountable for the ChoCh, accompanied by the formation of a Former Value Gap (FVG). Upon confirming a ChoCh subsequent to the price revisiting the OB and filling the FVG on a lower timeframe, we can consider initiating a short entry once again. The target for this trade is set towards the swing low.
