Based on the Daily Timeframe, the eurusd is in the correction ABC pattern which is now on A to B after hitting a Daily TF resistance line. if the price pullback to 1.16400 which is a previous support and resistance then it is time to trade short.
The Price bounce back to previous support after a big breaking move. Now is the good chance to trade short with 1:3 reward risk ratio @ price 0.75200 with Stop loss of 30 pips and take profit of 90 pips.
Head and shoulder pattern completion and a bullish engulfing candle in Daily chart giving a high potential of Long trade. Enter Buy trade after pullback or if the price goes back to 1.16000 with 1:2 RR ration. 60 pips SL and 120 pips TP. Move SL to positive whenever there is a pullback using fractal to protect equity.