EurUsd- on its way to 1.15?

After the drop from 1.19 zone to 1.16, EurUsd entered a correction phase and has risen to 1.18 zone.
Bears are strong in this zone and I expect a new leg down for the single currency.
A great 1:4 R:R could be reached with a sell trade with 1.15 as a target and an SL above the recent high