We have multiple confluences for potential short trade on this pair.
Confluences are:
4 Hour Shooting Star rejection of 4 hour 50EMA, counter trend line, market structure (0.9190) which aligns perfectly with the 61.8%.
PLUS, we have a head & shoulders candlestick pattern developing at the top of structure which have proven highly successful across other EUR pairs recently.
Duplication of the H&S pattern takes us down to 0.8900