EURUSD bearish entry based on structure

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Hi traders,

On the EURUSD 4H chart we can see that price is retracing back to previous structure. The entry is at the starting of this structure combined with the 127.2% Fibonacci extension.
Entry: 1.06850
Stop: 1.07303
Target: 1.06136 = R:RR 1.58

Best of luck!
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Pattern invalid.
EURUSDfibshortstructure

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