Take note that price breaking and closing above our red line @ 87.30 (psychological number) will invalidate our potential setup. Ill be expecting a trade on a wick if the market will respect the pattern.
There are two ways to trade short here, either wait for a BO to the downside or having a pending sell stop. And second is on a pattern completion an opportunity to go SHORT.
We could go short and having an extended TP on another potential which is for us to go LONG depending on future market price action/market sentiment.
Pattern @ 87.32. Stops above X point of its structure.
with extended TP on a potential pattern (initial) formation or could be a potential .
Again, trade with care. ENJOY!