EURUSD Short trade

On weekly chart:

• StochRSI: Overbought
  
• Reverse signal from previous level
  
  
  Setup:
  
  
• Entry at around 1.18600-1.1800
  
• Stop loss at previous level around 1.2100 = 2% loss
  
• Take profit at around 1.14050 = 3.80% gain
  
• Take profit at around 1.10010 = 7.20% gain