Short Idea with levels and target

FX:EURUSD   Euro / U.S. Dollar
123 1 2
The drop down from 1,3967 , completing a perfect harmonic
ABCD at the completion point of a larger, daily ABCD , (both
creating a possible price reversal zone-red square), was sharp
which suggest a taking out of the low, 1,3832. The mini target of
the larger Daily ABCD is 1,3763 which coincides with the
extended 1,618 target of the top, smaller ABCD . Now, IF
price takes out the top, 1,3965 everything points to an
extended D point in the larger ABCD (1,272 or 1,618
extension of the CD leg. Note there is also a weekly
ABCD in play, not shown here. So 1,3965 is crucial for
ST             outlook in this analysis. Looking at Price action on
friday, a large hr             candle to the upside suggest an extended
D point in the small ABCD , at 1,3950. Considering all these
patterns, if price turns down from this level,, it is a good
R/R trade to short with a stop above 1,3966.
Avoid shorting if upward move is fast, then wait for
it to stall before entering .
Correction, the extended D point in the small ABCD is 1,3950, not 1,3695 of course as written on the chart.
Looking at candle bodies, the small D point is almost respected, so price could also drop directly from
current level, because of this fact. Strong forces throwing price back and forth.
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