EU is in an uptrend currently. It has made a strong retracement and currently sits around 50% fib level. Showing higher high on price action and lower low on the rsi meaning divergence. I would like a bit better W/L Ratio than 1.75 but I'll take it.
good set-up, if it's going down without forming a divergence (really low possibilities) it won't probably hit your SL. The only thing that can do it are the news and this week are really important, just be careful about that