DislikedIndeed. Even Bond had some integrity.
Naws while you incorrectly labelled the bar, it looks to be a good entry if this is in your plan.
86 has been tested twice - see the two upper wicks. The highest was 85.98. This confirms this level as resistance (which was earlier support). It is a double inside bar (DIBS) setup.
I would place my stop above 86 - say 86.15. The trend is clearly down so this has a better than even chance of working out IMO.
What is your first target?
SurferIgnored
15 YEARS OF PASR ON FOREX FACTORY!