On the D1, H4, H1, M15 chart, the orderflow is bearish. Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place.
When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area.
Should price trade through this, there's another entry opportunity @ 108.800 with a stop above 108.860 (6 pips)
Let's see what happens.
Always remember to trade what you see, not what you think.
Be rigid in your rules but flexible with your expectations.