Entering short @ 1.13565, monitoring the price at 1.12955 and 1.12790 TP levels.
Setup 2 ( might not occur if the downtrend to resume )
Entering long between 1.12955 and 1.12790. TP1 @ 1.14161 (.618) fib level, or 1.14587 (.786) fib level.
ABCD completion is expected. The price might drop from here, but if we are to encounter a pullback this trading plan is applicable. Watch the supply zone as the sell off may occur earlier, before we reach the sell zone. .618 level is an ideal place to short, but the structure suggests we might reach 78.6