Can EURUSD bears exert enough strength for a price pullback?

EURUSD forming lower highs (LH) and lower lows (LL) and currently near the 0.718 Fibonacci retracement level, along with forming another LH, there are no bullish signs evident. Therefore, we opt for a short entry.
"Remember to always adhere to the risk-reward ratio, a game-changer in trading. Only risk 0.5% to 1% of your capital per trade"

Trade closed: stop reached