Short and stops just above the 161.80% fib of the bear Butterfly
We got two bearish pattern completion right here a bat and a butterfly for us to go short. Targets is already at the chart and stops could just place just above the bat patterns X point or the Butterfly 161.80 fib extension as price can still extend to that point. Orice breaking the 161.80% will invalidate the potential movement down of the market. Trade with care.
Target 2: 1.5050
And take note that on the Daily TF we have a bearish Pattern completion also.