Currently in a consolidation pattern, waiting for a 50% retracement for taking a postion in EURUSD, because it has a higher probability of moving to the upside.
We have a change in structure, possibly a new ranging market or start of a downtrend, first we need to wait for a 50% retracement to the new forming downtrend line and see the reaction. Shorting at the trend line is a hi risk short.