This is an excellent short opportunity with a just over 1:2 risk to reward.
Price has been struggling to find upside for sometime now, and a move to 86.90's is on the horizon.
If price breaks the 87.40 , I am expecting a breakdown to our measure target.
This trade could potentially turn into a good long opportunity in the near future if it bounces at our target level.
Feel free to connect with me below :-)
Therefore, there is no trade to take here. We will now look for other trades.