The EUR/USD D1 chart using Fibonacci backtests can see that the price turned down when it hit the 0.786 level. And from the RSI indicator, it can be seen that the price has entered the 40 range, indicating that the downward trend is gradually returning.
A downtrend line has been formed on the H1 chart, and it can be seen that the price has been resisted and declined after hitting the downtrend line. Moreover, the support level below the H1 chart was successfully broken, and the successful backtest showed that the trend will continue to decline.
Go short at a high level, and wait for a major trend to go short.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.