EURUSD (1D) - where the action is

FX:EURUSD   Euro / U.S. Dollar
In the screencast I show how I assess the probability and enter short.

As usual, this is not a prediction - as I don't do predictions, targets, signals, or confirmations.

I expect price to take me out at my stop-loss and I shall sleep very well tonight! :)) But if price moves in my favoured direction, I shall follow on a more suitable trend time frame to minimise loss.

This is not a recommendation to enter short.
The following is potential on the 2H. Potential does not mean it 'will happen. I do not predict anything.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus ]