EURUSD - SELL IDEA

On the 15-minute chart for EUR/USD, we can see a completed five-wave pattern suggesting that the pair is likely to enter a corrective phase. This setup indicates a potential short opportunity as the price retraces the recent gains.

Key levels to watch include:

- The Fibonacci retracement levels of the move, particularly the 0.5 level at 1.11498 and the 0.618 level at 1.11376, which are common targets for a wave (a) in a corrective ABC structure.

Given the current market dynamics, a short position might be favorable as the pair corrects lower, aiming for the mentioned Fibonacci levels.