EUR/USD Short - 15 min Chart

This analysis is based on the 15-minute chat and is a short-term trade for which I had first identified a strong support (pink line) at 1.08117. Next, I recognized a Head & Shoulder chart pattern and identified a neckline (orange dotted line). Finally, a fib tool was implemented which helped me find my potential S/L around the 50% range, and T/P was placed close to my pink support line.

R/R is 1.98