EURUSD Short Scalp Intraday

Sep 5

With the US ADP numbers this morning kind of disappointing, and with NFP tomorrow, markets are not “all-in” anywhere really. I see a decent scalping opportunity as EURUSD shows a strong hourly sell bar. I am looking for EURUSD to complete the drop to the 50MA HRLY (also the 15min 200MA). This is a scalp and my stop sits 5 pips above previous hourly bar (red dotted line).