decent sized pin, but not spectacular or eye-catching, IMHO.
my concern is the downtrend.
also, i wont be surprised to see price go re-visit the pin's mid & bottom 1/3 (0.8150 - 0.8200 area or lower)*. [having said this, u can decide to enter on the pin's retracement, rather than on the pin's immediate break]
the pin's high is right before the 0.8200 RN. so yes, it would be prudent to enter like u said so or wait for 0.8200 to act as support (& wait for PA) before entering.
your blue line is indeed the...Ignored
I would provide more weight to this pin if 8200 holds but if the price breaks 8200, I kind of doubt the strength of the pin.
As you said, it is not a great pin ..
One good thing is I am on demo.. so I can experiment..