17.02. Friday

EURUSD boomed up on another news from Greece situation, and now sits on 50% retracement from whole down move, it still doesn't negate bearish view on EURUSD, I prefer to be short, but this is tricy situation for a good entry.
Currently EUR$ is locked in tight range,  would sell it if it goes below 1.3120 and closes bar on hourly timeframe below that, with tight stop loss of 30-40 pips, target 1.2910.
Even safer version would be bar close on 4 hour timeframe below 1.3080 with same target and stop loss.
Additional setup would be if EUR$ goes to 61% fibo retracement to look for sell signal there, I will look for sell signal there on 1 hour timeframe connecting lower highs of price action with line (simple support line) if price closes below that line, I will enter short.