What we should do in an upward trend is to find an opportunity to have a long position. Trend is your best friend. There is a gartly pattern in 4H chart. Pay attention to the price action in 11942-12092 zone.
In my view, eurusd has an extended wave c with an extended wave 5, and its upward trend is not over. I still hold my previous opinion, I treat 1.1616 as the extreme top. I will wait for the wave constructure end patiently and then find chance to have a short position aming for 1.08 .
According to our previous perspective, EURO has just finished the last wave 5 with an ending diagonal. Now I have a small short position, if euro breaks the neckline, I will enlarge my short position. First target: 1.085