88.60 will be the target level if it plays out to the down side...
Bat pattern, 1.618 and previous Structure, All in a 14 pips range.
Apart from a low risk BAT pattern, there really is nothing in the zone. I would check PA on lower time frame, around the 88.7 zone, to pinpoint my entry instead of a LIMIT order.
The High Low Structure Flow indicates further trend continuation to the downside. The 1:1 Measured Move, Probably within a deep gartley, seems to be holding so far.
So, we have a BAT Pattern, A Median Line Element, Key Structure, A Direct 1.272, all in the same zone.
Should wait for a structure flow change on the long side in a lower time frame(>=M30) to get an optimized entry with a smaller stop level.
BAT Pattern,Major Structure on Weekly, Median Line Low, All in the same zone.
Another high probability trade with 1:4 risk reward profile.
Another Basic AB=CD play with powerful structure context.
A Textbook Trend Continuation Setup with Excellent Risk-Reward Profile.
High Probability Trade with 1:3 Risk Reward Ratio
Look for a long entry on a shorter time frame.