I'm a bit late with this idea. XROUSD has a big bear flag pole setup. But since BTC dictates the market haven't entered this trade yet.
You can enter short at the bottom of the parallel channel.
Target 1: 43c
Target 2: 42c
Target 3: 38c
Btc reached $7800 which was the final target for inverse head and shoulders pattern we had. It got rejected fast from it and came back right on the downtrend line and the top of the parallel channel. RSI is slightly overbought. I will take a risky short position at $7760 with very tight stop loss of $7800.
Target : $7450